Indonesian beauty brand Natasha Skincare to launch in Malaysia
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Indonesian beauty brand Natasha Skincare to launch in Malaysia
Indonesian beauty brand Natasha Skincare is to launch in Malaysia after forming a local joint venture with JCG Investment.
The new company, Natasha Beverly, will launch this month in Kuala Lumpur’s trendy Bangsar, opening a four-story facility housing a medical aesthetic clinic, medi-spa, chiropractor and physiotherapy services. It will be the sole distributor for Natasha products in Malaysia and Singapore.
Currently, among the leading beauty brands in Indonesia, where it has more than 100 outlets, Natasha Beverly will sell natural science beauty treatments and products for teenagers, men and women. It is known in its home market for its Halal-certified products.
JCG’s executive director and CEO Ang Kok Huan says bringing the brand to Malaysia is part of a strategy to grow and expand its existing medical aesthetics, cosmetic surgery, healthcare and wellness businesses.
“We have been proactively looking for strategic partners and business opportunities to further deepen our group’s core businesses and expand our geographical reach,” he said. “Last year we welcomed Malaysia-based Beverly Wilshire Medical Group led by its executive chairman Dato Francis Ng; and now we have inked our relationship with Natasha – the leading beauty brand in Indonesia.
“We look forward to working with more like-minded partners to build our Group into a leading medical aesthetics, cosmetic surgery, healthcare and wellness brand in the region.”
In the long term, doctors and operators working for the business will hold 10 per cent of the company’s shares.
Questions & Answers
Q.What is the name of the joint venture launching Natasha Skincare in Malaysia?
What is the name of the joint venture launching Natasha Skincare in Malaysia?
The new company formed through the joint venture between Natasha Skincare and JCG Investment is named Natasha Beverly. It will be the sole distributor for Natasha products in Malaysia and Singapore.
Q.What services will the new Natasha Beverly facility in Kuala Lumpur offer?
What services will the new Natasha Beverly facility in Kuala Lumpur offer?
The four-story facility will house a medical aesthetic clinic, a medi-spa, chiropractor services, and physiotherapy services for its customers. It will also sell natural science beauty treatments and products.
Q.What is JCG Investment's stated reason for bringing Natasha Skincare to Malaysia?
What is JCG Investment's stated reason for bringing Natasha Skincare to Malaysia?
JCG Investment's executive director and CEO says it is part of their strategy to grow and expand their existing medical aesthetics, cosmetic surgery, healthcare, and wellness businesses.
Q.What is the long-term ownership structure for doctors and operators within the new business?
What is the long-term ownership structure for doctors and operators within the new business?
In the long term, doctors and operators working for the Natasha Beverly business will collectively hold 10 per cent of the company's shares. This is part of the overall business plan.