Company Overview and News

 
Laugfs Gas urges Govt to introduce transparent mechanism for pricing LPG retail price

2018-05-18 lankabusinessonline
May 18, 2018 (LBO) – Sri Lanka’s liquid petroleum gas (LPG) prices should be adjusted using a pricing mechanism that is transparent, impartial and fair, Laugfs Gas said issuing a statement.

 
Anantaya Pasikudah wins Booking.com guest review award

2018-05-03 lankabusinessonline
(PRESS RELEASE) – Anantaya Resort & Spa Pasikudah was recently awarded the Booking.com Guest Review Award. Offering unique experiences and exceptional service, Anantaya Pasikudah was rated a high standard property on Booking.com with an outstanding score of over nine.

 
LAUGFS excel at CMI management excellence awards

2018-04-24 lankabusinessonline
Reinforcing the leadership force that drives LAUGFS, Lfinity – Chief Operating Officer (COO), Muditha Thebuwana and LAUGFS Gas – Deputy General Manager, Kaushala Amarasekara emerged winners at the Chartered Management Institute Management Excellence Awards (CMI-MEA) 2017 held recently. While Muditha was bestowed the “Most Innovative Manager” award in the Service Sector – Small and Medium, Kaushala clinched the award for “Best Emerging Manager” in the Industrial Sector – Large Category.

 
LAUGFS leaders excel at CMI management excellence awards 2017

2018-04-20 lankabusinessonline
Reinforcing the leadership force that drives LAUGFS, Lfinity – Chief Operating Officer (COO), Muditha Thebuwana and LAUGFS Gas – Deputy General Manager, Kaushala Amarasekara emerged winners at the Chartered Management Institute Management Excellence Awards (CMI-MEA) 2017 held recently. While Muditha was bestowed the “Most Innovative Manager” award in the Service Sector – Small and Medium, Kaushala clinched the award for “Best Emerging Manager” in the Industrial Sector – Large Category.

 
Laugfs bets on group restructuring to return to profitability

2018-03-07 dailymirror.lk
From left: Capital Alliance Partners Ltd Global Markets and Investment Banking Managing Director Deshan Pushparajah, Laugfs Gas PLC Managing Director Thilak De Silva, Laugfs Gas PLC Chairman W.K.H. Wegapitiya and Laugfs Gas PLC Director H.A. Ariyaratne Pic by Nisal Baduge

 
Laugfs Gas restructures to create opportunities for investors and foster growth

2018-03-07 lankabusinessonline
Mar 07, 2018 (LBO) – Sri Lanka’s a Laugfs Gas PLC announced a strategic restructuring to consolidate dominance in energy operations and create opportunities for investors to invest in individual businesses and foster concentrated growth opportunities, a senior official said Tuesday.

 
Laugfs Hambantota port LPG venture faces roadblocks

2018-01-10 dailymirror.lk
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

2017-09-26 adaderana.lk
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.

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