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  1. News
  2. /
  3. Business

2 sources·Updated 1h ago

Sri Lanka’s LAUGFS Gas explores sale, investment options for Hambantota terminal

Options under consideration include commercial collaboration.

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Full coverage

Image: Ada Derana BizAda Derana Biz•3h agoLAUGFS Gas Explores Strategic Options for Hambantota LPG Terminal Subsidiary

By Biz Editor

Read on Ada Derana Biz

Also covered by

EconomyNext•1h agoSri Lanka’s LAUGFS Gas explores sale, investment options for Hambantota terminal

Summary

LAUGFS Gas PLC has officially informed shareholders and the Colombo Stock Exchange that it is engaging in preliminary, informal discussions regarding strategic options for its wholly owned subsidiary, LAUGFS Terminals Limited. LAUGFS Gas PLC noted that there is no assurance these preliminary discussions will result in a finalized deal, meaning any financial impact cannot be determined at present.

Summarised from Ada Derana Biz

What this story is about

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

Organisations
  • LAUGFS Terminals Limited2
  • LAUGFS Gas PLC2
  • Colombo Stock Exchange
Places
  • Hambantota International Port2
  • Hambantota2
  • Colombo2
  • Sri Lanka
Keywords
  • explores2
  • options2
  • consideration
  • investment
  • subsidiary
  • strategic
  • disposal
  • sale
  • lpg

At a glance

Newsrooms
2
Articles
2
First reported
Oct 26, 5:40 PM
Latest update
Oct 26, 7:42 PM

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