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Laugfs’ Dubai subsidiary buys 31% stake in B’desh unit for $ 9.2 m

Thursday, 5 May 2016 00:00 - - {{hitsCtrl.values.hits}}

Laugfs Gas Plc said this week that its Dubai subsidiary Slogal Energy DMCC has bought a 31% stake in Laugfs Gas Bangladesh for $ 9.2 million.

Laugfs Gas Bangladesh, in which Laugfs Gas Plc owns 69% is engaged in down-streaming business of LPG in Bangladesh.