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Laugfs Hambantota port LPG venture faces roadblocks

Construction of the connecting pipeline of the US$ 80 million LPG import-export terminal of Laugfs Gas PLC in the Hambantota port has been unofficially halted without further explanation, according to the company’s head.

Grand finale of CA Sri Lanka 53rd Annual Report Awards Competition

2017-12-06 lankabusinessonline
Commercial Bank of Ceylon PLC won the coveted ‘Cyril Gardiner Memorial Trophy’ Gold Award for Overall Excellence in Annual Financial Reporting at the grand finale of the 53rd Annual Report Awards Competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

Sri Lanka’s LAUGFS Gas celebrates 2 years in Bangladesh

2017-10-16 lankabusinessonline
From Left to right: General Manager-Sales and Marketing - Nazeer Latiff, General Manager- Operations - Dr. Mayura Neththikumarage, Director / Chief Executive Officer - Mohammed Saidul Islam, LAUGFS Holdings Group Chairman - W.K.H. Wegapitiya, Chief Operating Officer - Ranjith Jayawardena, General Manager-Finance - Sujeewa Vidanapathirana

Domestic gas cylinder price increased

The price of a 12.5kg cylinder of domestic LP gas will be increased by Rs.110 from midnight today (25).

LAUGFS to set up cylinder manufacturing plant in Bangladesh

2017-07-17 lankabusinessonline
July 17, 2017 (LBO) – LAUGFS Gas Bangladesh, part of the diversified Sri Lankan multinational LAUGFS Holdings, said it is planning to set up a cylinder manufacturing plant in Bangladesh.

Laugfs enters residential apartment development

2017-06-27 lankabusinessonline
June 27, 2017 (LBO) – Sri Lanka’s Laugfs Property Developers, a subsidiary of Laugfs Gas PLC, has formed a fully owned subsidiary to undertake residential apartment complex projects.

LAUGFS says LPG Terminal in Hambantota on schedule for 2018

2017-05-04 lankabusinessonline
May 04, 2017 (LBO) – One year into the construction of the LAUGFS LPG Import and Export Terminal in Hambantota, the first phase, with a 30,000 MT capacity, is on schedule for commissioning in the first half of 2018, the company said.

Laugfs Terminals seeks USD42.6Mn funding from People’s Bank

2017-03-29 lankabusinessonline
Mar 29, 2017 (LBO) – Sri Lanka’s Laugfs Terminals Limited will borrow 42.6 million US dollars from People’s Bank for the construction of its gas terminal in the Hambantota port, a statement said.

Sri Lanka’s Laugfs buys third LPG carrier vessel for USD2.9mn

2017-01-06 lankabusinessonline
Jan 06, 2017 (LBO) – Sri Lanka’s Laugfs Maritime Services has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for 2.875 million US dollars.

Asanga Ranasinghe Appointed to LAUGFS Boards

2017-01-05 lankabusinessonline
(PRESS RELEASE) – LAUGFS Holdings, a diversified business conglomerate, announced the appointment of Asanga Ranasinghe to the Boards of LAUGFS Holdings and LAUGFS Gas PLC as Executive Director.

Eminent Chartered Accountants Tissa Bandaranayake and Ajit Jayaratne inducted to CA Sri Lanka Hall of Fame

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently paid tribute to two eminent Chartered Accountants by inducting them to the CA Sri Lanka Hall of Fame in recognition of their exemplary contribution towards the development of the accounting profession, the business world and the country.

Interview: Sri Lanka stock earnings +6 pct in June quarter, valuations improve

2016-09-20 lankabusinessonline
Sept 20, 2016 (LBO) – Sri Lankan listed companies posted earnings of 49.9 billion rupees in the quarter to June, up six percent from the same quarter last year, according to Acuity Stockbrokers.

Maj. Gen. Upul Perera reappointed IMSL President for 2016/17 at 38th AGM

The 38th Annual General Meeting of Institute of Management of Sri Lanka (IMSL) was held recently (23rd June 2016), which saw the reappointment of Maj. Gen. Upul Perera as the President of IMSL for 2016/17. The Council of Management of IMSL for this period was also unanimously appointed at the meeting which took place at Hotel Galadari Colombo.

Roshan Perera appointed to LAUGFS Leisure Board

2016-05-13 lankabusinessonline
Roshan R. Perera was appointed to the board of LAUGFS Leisure Limited at the recently held Board Meeting.

Slogal Energy buys stake in Laugfs Gas Bangladesh for USD9.2mn

2016-05-04 lankabusinessonline
May 04, 2016 (LBO) – A fully owned subsidiary of Laugfs Gas Plc, Slogal Energy DMCC, incorporated in Dubai has acquired 31 percent of the total issued shares in Laugfs Gas Bangladesh for 9.2 million US dollars.