He has inherited the desire of winning from his childhood. Today he is the main shareholder of the second largest LP Gas supplier in Sri Lanka. He is one of the few winners of the corporate world to s...
In a bid to increase LPG consumption LAUGFS Gas is urging the government to give incentives to users so that LPG usage benefits will be better known. LAUGFS Gas Chairman W. K. H. Wegapitiya addressing...
“The LAUGFS IPO attracted the common man and mostly persons who had never participated at an IPO or had any dealings in stocks previously, said LAUGFS Chairman W.K.H. Wegapitiya. LAUGFS IPO, iss...
The trading of non-voting shares of LAUGFS started yesterday. LAUGFS Holding Chairman W K H Wegapitiya said the market was depressed during the past few days due to various reasons and has to enter th...
LAUGFS Holdings Limited will start construction work of the 100 rooms four-star hotel in Bangadeniya Chilaw in December. The hotel will be ideal for tourists since it is only one hour from the Bandara...
The Initial Public Offering (IPO) of 75 million ordinary voting shares and 52 million ordinary non-voting shares of LAUGFS Gas Limited has been oversubscribed several times yesterday. LAUGFS Holdings ...
Creating memories that would last a life time for their regional dealers, the team from LAUGFS Gas Limited (LGL) travelled the country to conduct their Annual Dealer Conventions with the objective of ...
The price of a 12.5 kg LAUGFS gas cylinder came down by Rs. 73 while the price of a Shell gas cylinder remained unchanged with effect from today, Internal Trade and Cooperatives Minister Johnston Fern...
LAUGFS Gas Ltd and its subsidiaries performed strongly during the six months period under review ending September 30, 2010. The group turnover increased by 34 percent against the corresponding period,...
Seylan Bank, the bank with a heart has joined hands with LAUGFS SunUp Super Markets to offer valued customers of LAUGFS SunUp a multi purpose VISA Card that would enable customers to earn points, enjo...
Ups revenue by 34% to Rs. 3.4 b; Net profit by 46% to Rs. 423m; Second quarter more impressive with net profit up 145% to Rs. 296.4 m LAUGFS Gas Ltd., (LGL) yesterday announced above forecast impressi...
NDB Stockbrokers is recommending the Initial Public Offering (IPO) of LAUGFS Gas as “Buy.†The IPO worth Rs. 2.5 billion is currently up for subscription whilst its official opening is on ...
LAUGFS Gas Limited announced its decision to list the company on the CSE in order to raise Rs. 2.5 billion from the public though an IPO of 22% of its stake at a launch held at the Taj Samudra. Presen...
LAUGFS Gas Ltd is interested in managing Shell Gas, which the government has bought from its original Dutch owner and will offer its expertise in managing this entity to the state, according to LAUGFS...
The LAUGFS Gas Limited announces Rs 2,505 million IPO at a ceremony held yesterday. LAUGFS Gas Limited Chairman W K H Wegapitiya cutting the traditional milk rice with his directors to mark the occasi...
Plans 100 room hotel in Chilaw: LAUGFS Gas Ltd announced its intention to raise Rs 2,505 million from the public through an Initial Public Offering (IPO) of 22 percent of its stake yesterday. Listing...
Is Sri Lankan brand LAUGFS being invited to become or join a multinational? That could be a possible conclusion judging by the extension of the hand to LAUGFS Chairman W.K.H. Wegapitiya (left) by Chev...
Diversified into 15 sectors, LAUFGS has been smiling with growth for the last 10 years. With an impending IPO, Rs. 500 m resort in Chilaw and expansion plans to Bangladesh and Vietnam, the company is ...
Colombo Stock Exchange (CSE) has approved an application for listing Ordinary Voting shares and Ordinary Non Voting shares of LAUGFS Gas Limited, the CSE said yesterday. LAUGFS Gas Limited will raise ...
LAUGFS Holdings Ltd is willing to work closely with the Government to enhance the energy sector in the country. LAUGFS Holdings Chairman, W K H Wegapitiya said they are willing to take over the manage...
LAUGFS Holdings Limited will soon get listed in the Colombo Stock Exchange (CSE) for its expansion projects and to offer an opportunity for customers to be part of their company. There will be a huge ...
The price of a12.5kg cylinder of LAUGFS gas had been reduced by Rs.46 with effect from midnight September 1, while the price of a 12.5kg cylinder of shell gas remained the same, said Cooperatives and ...
Price of 12.5 kg SHELL gas will be reduced by Rs. 113 and LAUGFS to be reduced by Rs. 85 with effect from midnight tonight- Trade Minister Johnston Fernando....
LAUGFS Gas Company Chairman W.K.H. Wegapitiya yesterday asked the government to be cautious about entering the local LP gas market by buying the contolling shares in the Shell Gas Company because past...
Three to four multi-national companies are vying for the Shell Gas company shares which are on offer. The Shell Gas sell out deal is still in the preliminary stage and the LAUGFS Holdings Limited is i...
The price of a 12.5kg cylinder of Shell Gas has been reduced by Rs.117 while that of a cylinder of LAUGFS Gas has been reduced by Rs.85 from midnight yesterday, Trade and Consumer Affairs Ministry sai...
LAUGFS Holding Limited is currently working on the deal with Shell Gas to acquire the ownership of its LPG business here. “We are having discussions with Shell and our representative is in Engla...
General Secretary of the UPFA, Petroleum Resources Minister Susil Premjayantha said the CPC was reviewing the agreement signed with the LAUGFS Gas and efforts would be taken to abrogate it on the advi...
LAUGFS Gas Chairman W.K.H. Wegapitiya yesterday reacted cautiously to reports that his company is looking at acquiring the Shell Gas business in Sri Lanka. "We are the most capable and suitable conten...
One of the biggest Gas price increases in recent years came into effect from midnight yesterday (May 6) with Laughs being permitted an increase of Rs. 323 per 12.5 Kg cylinder and Shell Rs. 219. With ...
The price of Domestic Gas will increase with effect from midnight tonight with the price of a 12.5 kg Shell gas cylinder up by Rs. 219 and LAUGFS up by Rs. 323, the Consumer affairs Authority announce...
The Minister of Cooperatives and Internal Trade, Johnston Fernando, and Chairman of the Consumer Affairs Authorities (CAA) Rumy Marzook were not available for comment. The Island also learns that a pr...
‘Uyanna-Dinanna’ consumer promotion: A one-of-a-kind for the first time in Sri Lanka LAUGFS Gas the only ISO certified indigenous downstream Liquid Petroleum Gas (LPG) Company in the coun...
The "LAUGFS Gas Family day 2010" was an outrageous event that blended entertainment, track & field events with cricket, an award ceremony for excellence with a musical fiesta comprising of Derena Supe...
W.K.H. Wegapitiya, Chairman-LAUGFS Group was recently elected as the new Chairman of the Chamber of Young Lankan Entrepreneurs (COYLE) at its 11th anniversary celebrations in Colombo. Presidential Sec...
