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Tuesday, October 27 2026
Tuesday, October 27 2026
MONETABRIEF – Sri Lanka's Laugfs Gas said it was in talks with potential collaborators or investors for its 30,000 Metric Tonnes LPG terminal in Hambantota.
Laugfs was engage in "preliminary informal" talks with interested parties over the terminal which was a fully owned unit.
"The options under consideration include commercial collaborate, investment and potential disposal of part or all of the company's shareholding in the subsidiary," the firm said in a stock exchange filing.
"No agreement has been reached on the structure and terms of any transaction, and no definitive transaction agreement has been entered into.":
There was no certainty of an agreement been reached or financial impact, the Laugfs Gas said. (Colombo/Oct27/2026)
| 3 month bill | 9.26% | 1bp ▲ |
| 12-m bill | 9.95% | 2bp - |
| Gold (Ounce) | $4015 | - ▼ |
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