Petroleum Trading Lao Public Company (Laos)

The principal activities of the Company are trading and distribution of petrol and lubricant to Lao domestic market.
The company s head office is loacated at Kamphaeng Mueang street, Phontha Village, Xaysettha District, Vientiane Capital, Lao PDR.
The main business:
The Company is a member of Lao Petroleum and Gas Association under the supervision of Lao National Chamber of Commerce and Industry (LNCCI), which the Company's product consisted of 5 categories, namely, 1) Diesel oil 2) Benzene Regular 91 3) Benzene Super 95 4) Bunker oil and 5) Lubricant oil.
The imported petroleum will be preserved in 5 fuel depots which located in major cities that closed to the border of Thailand. The Company sells the petroleum.
The Company manages the distribution of products through gas station.
The Company is well organized in management and continuously growth.
History:
2008: Petroleum Trading Lao Public Company Limited (PTL) was established with registered capital: LAK 28.80 billion, 75 of shares were held by Mr. Chanthone Sitthixay and 25 were held by his wife Mrs. Savanhthong Phongsavanh. The business objectives are import and distribute petroleum products through the gas stations in Lao PDR.
2009: Launched the first high standard gas station at Phon Than that is called the gas station “PLUS 1” Launched the first depot which is able to store the oil up to 700,000 liters in Savannakhet province
2010: The Company has received the certificates of the international standard from United Kingdom Accreditation Service (UKAS), three types: ISO 9001:2008 Quality Management System, ISO 14001:2004 Environmental Management Systems, and HSAS 18001:2007 Occupational Health and Safety Management Systems. Launched a depot at Vientiane Capital City, oil capacity: 1,120,000 liters and another depot at Meung Ngeun, Sayaboury Province, and oil capacity: 700,000 liters.
2011: The Company has increased registered capital to LAK 75.60 billion in order to support the expansion of gas station cover all area of Lao PDR
2012: Launched the first PLUS Platinum Gas Station (PTN) in Vientiane Capital city, namely: PLUS Done Koice gas station at Done Koice village, Sisattanak District, Vientiane Capital city.
2013: The Company has increased the registered capital to LAK 350.00 billion in order to support the Company's growth, and the expansion of investment to be the top of gas station service in Lao PDR. And to support the growth in demand for fuel consumption in Laos and the ASEAN Economic Community (AEC).
2014: The Company became a member of Lao Petroleum and Gas Association.
According to Annual General Shareholders' Meeting in 2014 on 18th
June 2014 has
agreed in the important issues such as:
 Reduce par value per that is stated from LAK 350,000,000 per share to LAK 2,000 per share that is made the number of share increase from 1,000 shares to
175,000,000 shares. The shares are distributed from two shareholders to 9 shareholders to meet the requirements of public company establishment.
Approved to increase registered capital LAK 470 billion by issuing common shares: 60,000,000 shares, par: LAK 2,000, distribution: Initial Public Offering (IPO)
To establish Petroleum Trading Lao Public Company and submitting to be listed in the Lao Securities Exchange.