LEADING
WITH
TRUST
LAUGFS GAS PLC EMBARKS ON
STRATEGIC RESTRUCTURING
TO CONSOLIDATE DOMINANCE
IN ENERGY OPERATIONS
PAGE 04
LAUGFS On News
02
18 Featured Guest
Cover Story:
LAUGFS Gas PLC Embarks on
Strategic Restructuring 04
22 Life at LAUGFS
Cover Story:
Gearing Up for
Rapid Expansion 06
24 Knowledge
Hub
11
Features: LAUGFS-NAITA
Strengthens Skill Levels in
Multiple Industries
FEATURES
Features: LAUGFS
Supermarkets Transform
Customer Convenience 14
PAGE 14
PAGE 11
LAUGFS Partners with NAITA to Strengthen LAUGFS Supermarkets Transform
Skill Levels in Multiple Industries Customer Convenience
LAUGFS and the National Apprentice and Industrial Training Authority LAUGFS Supermarkets recently launched multiple stores under two
(NAITA) partnered to strengthen skills and competencies of frontline new brands - LAUGFS Super and LAUGFS SuperMart - with extended
staff in the Petroleum Retailing, Supermarket Retailing and Vehicle shopping space and a brand-new look, enhancing the shopping
Care Services sectors. experience of customers.
PAGE 16 PAGE 20
Featured
Moments of Pride Guest PAGE 18 LAUGFS Gas Family Day
Our promise of delivering trusted Our featured guest this time is Mr. Shehan Here’s a sneak peek from the LAUGFS
excellence is reaffirmed by the numerous Seneviratne - Chairman of NAITA, who is Gas Family Day, which brought together
local and international accolades that an award-winning entrepreneur and our colleagues and their families for a
have continued to inspire us. business leader. fun-packed day.
Connect With Us
Share your thoughts and views. Click here
http://feedback.laugfs.lk/
Email corporate.communication@laugfs.lk or
LAUGFS Supermarkets
Branches Out to Mattakuliya
LAUGFS at the
EDEX Job Fair 2018
Under the theme “Pride of Sri Lankan Talent”,
LAUGFS yet again participated in the EDEX
Education Exhibition 2018. LAUGFS HR organized
a series of interactive sessions for students and
candidates who visited the stall making it an
exciting experience for all.
Gas PLC
Embarks on Strategic
Restructuring to
Consolidate Dominance
in Energy Operations
Taking yet another strategic step towards their respective businesses by leveraging via a Scheme of Arrangement and
focusing heavily on the expansion and on existing market opportunities. initiated the process of obtaining the
strengthening of the LPG business, necessary regulatory, legal and
LAUGFS Gas PLC (LGL), the only private Capital Alliance Partners Limited, a shareholder approvals.
sector player in the LPG market in Sri leading investment bank, assisted the
Lanka announced the restructuring of restructuring process. As a prelude to The subsidiaries, LAUGFS Power Ltd,
its non-core businesses. Accordingly, the proposed restructure, LAUGFS Gas LAUGFS Leisure Ltd and LAUGFS Eco Sri
LAUGFS Gas PLC will consolidate LPG PLC (LGL) held an investor forum for a Ltd witnessed a restructuring of their
downstream activities in Sri Lanka and cross-section of investors and a media shares via a share split to mirror their
Bangladesh, LPG sourcing, LPG briefing to communicate the strategic shareholding with LGL’s shareholding
maritime logistics and the Terminal objectives that shaped the decision to structure. As a part of the segregation
operations under one pillar. restructure. The larger vision and oppor- process, all the shareholders of LGL will
tunities that this process would provide be entitled to an identical shareholding
LAUGFS Power Ltd, LAUGFS Leisure Ltd to all stakeholders with vested interest in the individual companies, thereby
and LAUGFS Eco Sri Ltd will be individually in individual companies as well as ensuring that they do not lose value as
listed on the Colombo Stock Exchange LAUGFS Gas PLC as a whole were also a result of this process.
(CSE), subject to necessary regulatory presented during these events.
approvals from the SEC and the CSE, Once the segregation is completed, all
consequently enabling the management On the 28th December 2017, the Board different entities will be in a position to
of the three companies to concentrate of Directors of LGL approved the operate as independent entities.
further on developing and expanding restructuring initiative to be facilitated
TRUST
GEARING
UP FOR RAPID
EXPANSION
Gas
TRUST
Gas Bangladesh
“We have made significant
Marking its third year in Bangladesh, investments in strengthening our
LAUGFS Gas has established itself as infrastructure and distribution
one of the largest LPG downstream network in Bangladesh. We are
distributors in the country, serving “LAUGFS Gas has seen a setting up the first state-of-the-art
the growing LPG demand. steadfast growth in the cylinder requalification plant in
Presently, LAUGFS Gas Bangladesh last financial year and the country, which is currently
imports, stores, bottles and we are determined to under construction. A new tanker
distributes over 60,000 MT of LPG fleet has been added to meet the
meet the rising demand
every year and operates a supply and demand of our
world-class LPG import, bottling
for LPG in the domestic, commercial and
and distribution facility in Mongala, Bangladesh market industrial customers. In addition,
which is on its way to expand its through our rigorous we will be extending our Regional
capacity upto 5000 MT. expansion plans,” Distribution Centers (RDCs) with
remarked LAUGFS Gas two more by the end of the
“LAUGFS Gas has seen a steadfast current financial year and hope to
Bangladesh Chief
growth in the last financial year and increase our dealer outlet reach to
Executive Officer,
we are determined to meet the over 3500 within the next
rising demand for LPG in the Mohammed Saidul Islam. financial year, which will signifi-
Bangladesh market through our cantly enhance our nationwide
rigorous expansion plans,” remarked distribution. We also launched the
LAUGFS Gas Bangladesh Chief 33kg cylinder recently as a new
Executive Officer, Mohammed SKU for our commercial
Saidul Islam. customers,” he further added.
Terminals
TRUST
Power
to launch three more projects within
LAUGFS Power engages in renewa- the next 18 months. We have
ble energy solutions with a firm secured licenses to set up two Solar
commitment to meet Sri Lanka’s Power Projects of 1MW each in
growing energy demands. Supplying Embilipitiya under the Surya Bala
“LAUGFS Power is
to the National Grid, LAUGFS Power Sangramaya Program. Also, the
owns the largest Solar Power project geared to generate over newly initiated Rooftop Solar Power
in Sri Lanka and operates three 80 MW capacity of Program will roll out in April with
mini-hydro power plants in the energy with combined solar panels installed at LAUGFS
country. contributions from Corporation (Rubber) factory in
Solar, Hydro and Wind Horana, and will be further expanded
“A number of Hydro and Solar Power to all suitable LAUGFS buildings.
Power, and will
Projects are in the pipeline to further Additionally, a 10 MW Solar Power
strengthen our contribution to the
continue to produce Plant in Hambantota has been
National Grid. Currently, the sustainable renewable awarded to LAUGFS Power as a joint
construction of a 2 MW Hydro Power solutions with the aim scheme, although the license for the
Plant is underway at Ginigathhena, of expanding beyond project is in the final stage of
which will be completed by August national borders,” approval. In the medium term,
this year, followed by an additional LAUGFS Power is geared to generate
commented LAUGFS
1.5 MW Hydro Power Plant to be over 80 MW capacity of energy with
Power General Manager,
setup within the next two years,” combined contributions from Solar,
explained LAUGFS Power General Mahinda Senarath. Hydro and Wind Power, and will
Manager, Mahinda Senarath. continue to produce sustainable
renewable solutions with the aim of
“In addition to the existing Solar expanding beyond national borders,”
Power Projects, plans are underway he further added.
TRUST
Partners
with NAITA
to Strengthen
Skill Levels
in Multiple
Industries
New Specialized NVQ Launched
for Petroleum Retail Industry
Additionally, a new NVQ program was have in enhancing the skill levels of comprehensive certification for the
introduced for Customer Service service sector professionals in multiple Petroleum Retailing, Supermarket
Assistants (CSAs) in the Petroleum industries, thereby elevating the value Retailing and Vehicle Care Services
Retailing Industry to help strengthen of our local professionals. The NVQ sectors. Based on a standard
the industry service standards. programs developed by NAITA follow framework of competencies that
Partnering with NAITA and other stringent standards to ensure that our encompass industry-specific skills,
stakeholders, LAUGFS Petroleum local professionals will have the attitudes and knowledge, these
played a pivotal role in the opportunity to elevate their skill sets to a NVQ certifications will be highly
development of the new industry level that is internationally competitive. recognized at both national and
specific NVQ by sharing their industry These are highly recognized programs international levels, adding
expertise and insights. The program developed to effectively cater to the significant value to local service
will benefit thousands of employees requirements of specific industries, sector professionals.
in years to come, and set a new thereby delivering greater value.”
benchmark in Sri Lanka’s Petroleum “As a homegrown diversified
Retailing Industry. The NVQ programs will consist of conglomerate, our constant focus
industrial and institutional training is on elevating the local industry
Commenting on the partnership, under the supervision of NAITA to serve standards. This partnership with
NAITA Chairman, Mr. Shehan Senevi- specific industry needs. These NAITA will have a remarkable
ratne remarked, “The significance of programs will cover a range of critical impact on uplifting knowledge
this partnership between LAUGFS and areas from service excellence to health and competency levels of service
NAITA is in the scale of impact this can and safety standards, enabling a professionals in multiple industries,”
Supermarkets
Transforms Customer
Convenience
Launching LAUGFS Super and LAUGFS SuperMart
LAUGFS Supermarkets recently and suburban localities in the country space and vibrant ambience, the
launched multiple stores under two with the objective of catering to a wider outlets will offer a wide variety of goods
new brands - LAUGFS Super and spectrum of shopper needs. ranging from fresh fruits and vegetables
LAUGFS SuperMart, with extended to meats, seafood, dairy products and
shopping space and a brand-new look, The flagship brand, LAUGFS Super, more. The stores also feature
enhancing the shopping experience of caters to a wider range of shopper pharmacies as well as utility bill
customers. Under this two-tier needs with a broad range of products payment facilities for the convenience
approach, LAUGFS Supermarkets will and services under one roof with of shoppers, and even a bakery to cater
accelerate its expansion across urban spacious outlets. With extended floor to hunger on-the-go. LAUGFS’ very own
Anantaya Chilaw
Anantaya Passikudah
Reinforcing its commitment towards luxury Anantaya Chilaw won the Country Awards for
hospitality, Anantaya Resorts and Spas clinched Luxury Conference Hotel as well as the Luxury Event
prestigious awards yet again at the World Luxury Hotel for the 2nd consecutive year. Anantaya
and Hotel Awards 2017. Passikudah claimed the Country Awards for the
Luxury Spa Resort and the Best Luxury Beach Resort.
FEATURED
GUEST
Our guest in this Issue of
the ICON Magazine is Mr.
Shehan Seneviratne -
Chairman of NAITA, whom
we work closely with on the
LAUGFS - NAITA
partnership to support
career enhancement of
local service sector
professionals. He spoke to
us about his professional
and personal life, following
a quick round of
rapid-fire questions.
Who was your inspiration? What are your top 3 dos and don’ts What does a typical day look like for
My Father. He taught me to be at work? you?
determined, even during the most Dos would be, have an organizer, a I make sure I find the perfect balance
difficult times. clear mind and focus. between my work and personal life.
Don’ts would be avoid losing your After a day’s work, I either go to the
What 3 words best describe you? cool, keep away from distractions and gym or play badminton for an hour.
Honest. Straightforward. Brave. My limit extended meetings. And then, my evening hours are
father lived by these words as well. dedicated to my family.
You’ve been recognized as an
Do you have a personal mantra that entrepreneur, pioneer and leader. What is the first thing you do when
you follow? Which do you prefer? you get to work?
Yes, “Whatever you do, give it your Without doubt, an entrepreneur which I like to have my day planned well
absolute best!” is what enabled me to become a ahead so the first thing I do is go
pioneer and leader. through my organizer.
What is your biggest challenge?
I thrive on facing challenges. But if What would you say is your greatest What would have been your
there’s one thing I find difficult, that is achievement? alternate profession?
understanding people. Being awarded the Sri Lankan I almost enrolled in the Sri Lanka Navy
Entrepreneur of the Year 2016 by the to become a pilot.
FCCISL.
LAUGFS GAS The much anticipated LAUGFS Gas Family Day took place recently
with over 800 staff coming together with their families for a day
FAMILY DAY filled with games, fun activities, entertainment, music and food.
Bollywood Night
The LAUGFS Bollywood Night took place recently with
the LAUGFS family coming together for an enjoyable
evening filled with fun and entertainment.
VIDEO WALL
Click on the below images to view some great short videos from
charismatic leaders who have inspired us.
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https://www.youtube.com/watch?v=6SOTBHAcLV4 WHAT GREAT LEADERS
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https://www.youtube.com/watch?v=6SOTBHAcLV4 New York Times Best Selling Author,
Brendon Burchard lists down six traits
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https://www.youtube.com/watch?v=A50sK6Y1xng Renowned spiritual leader and
motivational speaker Gaur Gopal Das
https://www.youtube.com/watch?v=A50sK6Y1xng talks on “knowing your challenges and
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https://www.youtube.com/watch?v=A50sK6Y1xng
Courtesy: YouTube
Click here
and let us
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