IPO Year: 2023
Exchange: AMEX
SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced fiscal year 2023 financial results. "We are pleased to report on the strategic advancements Multi Ways Holdings Limited has achieved since our IPO a year ago," said Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways Holdings Limited. "Our recent acquisition of cutting-edge SANY equipment and the formation of strategic partnerships underscore our commitment to delivering superior solutions to our customers across
SINGAPORE, April 10, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announces the sale of eight state-of-the-art SANY cranes from its recently expanded fleet to two customers. This sale is a strategic move following the Company's recent fleet renewal and expansion plans amidst improving industry conditions. The sale encompasses eight units of the SANY Crawler Crane, amounting to approximately USD2.12 million. These cranes are celebrated for their superior performance, dependability, and cutting-edge feature
6-K - Multi Ways Holdings Ltd (0001941500) (Filer)
6-K - Multi Ways Holdings Ltd (0001941500) (Filer)
6-K - Multi Ways Holdings Ltd (0001941500) (Filer)
6-K - Multi Ways Holdings Ltd (0001941500) (Filer)
6-K - Multi Ways Holdings Ltd (0001941500) (Filer)
20-F - Multi Ways Holdings Ltd (0001941500) (Filer)
NT 20-F - Multi Ways Holdings Ltd (0001941500) (Filer)
6-K - Multi Ways Holdings Ltd (0001941500) (Filer)
SINGAPORE, June 14, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced a breakthrough equipment leasing agreement with the Ministry of Defence of Singapore. The agreement, worth US$17.6 million, is for leasing advanced machinery and equipment tailored to meet the specific needs of Singapore's Ministry of Defence. The heavy construction equipment provided under this deal was selected for its cutting-edge technology and reliability, highlighting the versatility and quality of Multi Ways' fleet. Mr. Jam
SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced fiscal year 2023 financial results. "We are pleased to report on the strategic advancements Multi Ways Holdings Limited has achieved since our IPO a year ago," said Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways Holdings Limited. "Our recent acquisition of cutting-edge SANY equipment and the formation of strategic partnerships underscore our commitment to delivering superior solutions to our customers across
SINGAPORE, May 08, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region is pleased to announce its procurement contract to acquire 16 new crawler cranes, further strengthening its fleet, with deliveries expected throughout the remainder of 2024. Signing of the Procurement Contract Following the successful procurement and renewal strategy announced in February 2024, Multi Ways has entered into another purchase agreement with SANY International Development Limited, a globally renowned manufacturer of top-tier construct
SINGAPORE, April 16, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, is proud to announce a strategic partnership with the Papua New Guinea Forest Authority (PNGFA) by establishing a dedicated office within its Singapore headquarters. This initiative facilitates outreach to local and international investors, encouraging investment into Papua New Guinea (PNG) to foster economic growth and development. Commemorating the partnership (from left to right) is Mr. John Mosoro, Managing Director of PNGFA, the Honorable
SINGAPORE, April 10, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announces the sale of eight state-of-the-art SANY cranes from its recently expanded fleet to two customers. This sale is a strategic move following the Company's recent fleet renewal and expansion plans amidst improving industry conditions. The sale encompasses eight units of the SANY Crawler Crane, amounting to approximately USD2.12 million. These cranes are celebrated for their superior performance, dependability, and cutting-edge feature
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced its strategic plans for the procurement and renewal of its fleet. This announcement follows the Company's successful acquisition of new equipment in January 2024 and aims to strengthen its market position through an enhanced range of services. As part of its commitment to excellence and customer satisfaction, Multi Ways Holdings Limited has entered into a significant purchase agreement with SANY International Development Limited, a
NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announces first half 2023 unaudited financial results and provides corporate updates. Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways, commented, "In the first half of 2023, we navigated a challenging landscape marked by higher borrowing costs, intensified competition, and shifting buyer preferences. Despite a decrease in net revenue, it's noteworthy that our gross profit margin improved to 29.8%, demonstrating our commitm
NEW YORK, May 16, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today reported its audited results for the fiscal year ended December 31, 2022. Financial Highlights Revenues increased 15% to approximately $38.4 millionGross profit was approximately $9.7 million, with a 25.4% profit marginNet income of approximately $1 million Full Year 2022 Financial Results Total revenue increased by approximately $5 million or 15% to approximately $38.4 million for the fiscal year ended December 31, 2022 from approximately
NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, released the following statement regarding recent market activity in the Company's stock. Normally, the Company does not comment on market activity or rumors. However, Multi Ways confirms that it is not aware of any material, undisclosed information related to the Company that would account for the recent decrease in the market price and increase in the level of trading volume of its shares. Multi Ways is not aware of any undisclosed material change
NEW YORK, April 05, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced the closing of its initial public offering of 7,240,000 ordinary shares at a public offering price of $2.50 per share. Multi Ways offered 6,040,000 ordinary shares, and a certain selling shareholder offered 1,200,000 ordinary shares. The Company's ordinary shares began trading on the NYSE American on April 3, 2023, under the ticker symbol "MWG." Spartan Capital Securities, LLC is acting as the book-running manager, with Pacific Ce
SC 13D - Multi Ways Holdings Ltd (0001941500) (Subject)
Gainers Multi Ways Holdings (AMEX:MWG) shares rose 11.1% to $0.43 during Thursday's regular session. The market value of their outstanding shares is at $13.2 million. LiqTech Intl (NASDAQ:LIQT) shares moved upwards by 10.04% to $2.41. The company's market cap stands at $13.9 million. FTC Solar (NASDAQ:FTCI) stock moved upwards by 8.5% to $0.33. The market value of their outstanding shares is at $41.4 million. Shapeways Holdings (NASDAQ:SHPW) stock moved upwards by 5.31% to $0.28. The company's market cap stands at $1.8 million. NeoVolta (NASDAQ:NEOV) shares increased by 5.25% to $2.4. The market value of their outstanding shares is at $79.7 million. Byrna Technologies (NASDAQ:BYRN) sha
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Gainers Nauticus Robotics (NASDAQ:KITT) stock rose 32.3% to $0.21 during Friday's regular session. The company's market cap stands at $13.2 million. Multi Ways Holdings (AMEX:MWG) stock increased by 20.25% to $0.39. The company's market cap stands at $11.9 million. Nano Nuclear Energy (NASDAQ:NNE) shares moved upwards by 19.51% to $8.45. The company's market cap stands at $244.6 million. Solidion Technology (NASDAQ:STI) stock rose 13.91% to $2.15. The market value of their outstanding shares is at $187.0 million. Erayak Power Solution Gr (NASDAQ:RAYA) shares increased by 12.77% to $0.87. The company's market cap stands at $26.2 million. WANG & LEE Group (NASDAQ:WLGS) shares moved upwar
Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced a breakthrough equipment leasing agreement with the Ministry of Defence of Singapore. The agreement, worth US$17.6 million, is for leasing advanced machinery and equipment tailored to meet the specific needs of Singapore's Ministry of Defence. The heavy construction equipment provided under this deal was selected for its cutting-edge technology and reliability, highlighting the versatility and quality of Multi Ways' fleet.
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