Multi Ways Holdings Announces the Sale of Premium SANY Cranes to Meet Growing Market Demand
Multi Ways Holdings Limited (MWG)
Company Research
Source: GlobeNewswire
SINGAPORE, April 10, 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 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 features, mirroring Multi Ways' dedication to providing first-class equipment solutions to its clientele. This initiative aligns with the Company’s strategic approach to continually refresh and enlarge its fleet, catering to the rising demand for heavy construction equipment within Singapore an
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MWG
News
- Multi Ways Holdings Reports Robust Financial Performance in Fiscal Year 2023 ResultsGlobeNewswire
- Multi Ways Holdings Expands Fleet with the Acquisition of 16 New Crawler CranesGlobeNewswire
- Multi Ways Partners with Papua New Guinea Forest Authority to Promote Economic GrowthGlobeNewswire
- Multi Ways Holdings Announces Fleet Expansion and Renewal Strategy Amid Positive Market OutlookGlobeNewswire
MWG
Sec Filings
- 5/15/24 - Form 20-F
- 4/30/24 - Form NT
- 3/15/24 - Form 6-K
- MWG's page on the SEC website