Multi Ways Awarded $17.6M Equipment Leasing Agreement With The Ministry Of Defence Of Singapore

6/14/24 9:13:49 AM ET

Miscellaneous manufacturing industries

Consumer Discretionary

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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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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
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Multi Ways Awarded $17.6M Equipment Leasing Agreement With The Ministry Of Defence Of Singapore

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SEC Form SC 13D filed by Multi Ways Holdings Limited

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Multi Ways Holdings Secures $17.6 Million Leasing Deal with Singapore's Ministry of Defence, Strengthening its Growth Prospects

Multi Ways Holdings Reports Robust Financial Performance in Fiscal Year 2023 Results

Multi Ways Holdings Expands Fleet with the Acquisition of 16 New Crawler Cranes

Multi Ways Awarded $17.6M Equipment Leasing Agreement With The Ministry Of Defence Of Singapore

Chat with this insight

Recent Analyst Ratings for $MWG

$MWG Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13D filed by Multi Ways Holdings Limited

$MWG SEC Filings

SEC Form 6-K filed by Multi Ways Holdings Limited

SEC Form 6-K filed by Multi Ways Holdings Limited

SEC Form 6-K filed by Multi Ways Holdings Limited

$MWG Financials

Live finance-specific insights

Multi Ways Holdings Reports Robust Financial Performance in Fiscal Year 2023 Results

Multi Ways Holdings Announces the Sale of Premium SANY Cranes to Meet Growing Market Demand

$MWG Market Insights

Live Market Insights

12 Industrials Stocks Moving In Thursday's Intraday Session

12 Industrials Stocks Moving In Friday's Pre-Market Session

12 Industrials Stocks Moving In Thursday's After-Market Session

$MWG Press Releases

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Multi Ways Holdings Secures $17.6 Million Leasing Deal with Singapore's Ministry of Defence, Strengthening its Growth Prospects

Multi Ways Holdings Reports Robust Financial Performance in Fiscal Year 2023 Results

Multi Ways Holdings Expands Fleet with the Acquisition of 16 New Crawler Cranes

Recent Analyst Ratings for
$MWG

$MWG
Large Ownership Changes

$MWG
SEC Filings

$MWG
Financials

$MWG
Market Insights

$MWG
Press Releases