:: May list most of itssubsidiaries to raise funds
:: Aiming to catch post-war growth in auto industry
:: Aiming to catch post-war growth in auto industry
Reuters: Sri Lanka’s energy-led conglomerate LAUGFS Gas said it may go for rights issue or list its subsidiaries on the Colombo Stock Exchange to raise money for post-war expansion. The fast-diversifying conglomerate, which has operations in LP gas, consumer and petroleum retailing, lubricants, leisure, and rubber products, has planned a number of new projects to capitalise on Sri Lanka’s post-war economic growth momentum .
