LAUGFS to get listed soon

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 transformation in the company as many projects are to be launched within the year and during the years to come, LAUGFS Holdings Chairman W K H Wegapitiya told Daily News Business. “We have maintained our identity as a Sri Lankan company by differentiating and diversifying into various sectors during the past ten years. We expect that the listing will create a better chance for customers to share the wealth,” he said. The company will invest Rs two billion to expand the market share, the storage capacity and the filling capacity and to fast track the road tanker fleet in their LPG and lubricant businesses.