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Stock impact report

Multi Ways Holdings Announces Fleet Expansion and Renewal Strategy Amid Positive Market Outlook

Multi Ways Holdings Limited (MWG) 
Company Research Source: GlobeNewswire
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: 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 renowned global manufacturer of top-tier construction equipment. The newly acquired equipment includes: SANY Crawler Crane, Model SCS1500ASANY Crawler Crane, Model SCC1000A-5SANY Crawler Crane, Model SCC850A-5SANY Telescopic Crawler Crane, Model SCC800TB-5 This procurement initiative is Show less Read more
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