Carina Lau's Skincare Company Attracts Buyer

By Stephanie Lee / Jan 08, 2015 03:39 AM EST
Carina Lau

Carina Lau may stand to gain HF$125 million from her 3-month old skincare business if she succeeds in selling part of it to a listed company.

Digital Domain Holdings Ltd. has recently expressed interest in buying 51 percent of Lau's company for HK$312.5 million, if it can meet a target profit of HK$31.25 million this year.

If Lau's profit turns out lower, Digital Domain, a global investment accompany that is into entertainment, property and trading businesses in Hong Kong, will just likely lower its purchase offer.

Lau owns 40 percent of the skincare company, which would allow her to pocket HK$125 million if the deal pushes through.

She modestly described her new business as "extremely stressful" but vowed to spend more time on it this year in order to meet her potential buyer's profit expectations.

Carina Lau International, named after the actress and undoubtedly benefitting from her persona's beauty brand, was launched late last year.

It manufactures skincare products touted for their all-natural deep-sea ingredients. Its facial mask product has been doing well since its introduction to the Chinese mainland market in November.

Lau's artistic talent, which propelled her to a successful career in the entertainment industry, can only be matched by her business acumen.

Aside from her skincare company, Lau also has business interests in the restaurant and nightclub industries in Hong kong and the mainland.

In 2013, she opened three new restaurants in Hong Kong that cater to various markets. Kyo-shun Japanese restaurant, Zurriola with its Spanish cuisine, and the Tapagria tapas bar all occupy the 18th floor of The One mall.