Multi Ways Holdings Delivers Five Mixer Trucks and Advances Electric Vehicle Strategy to Capture Singapore's Construction Electrification Opportunity
Multi Ways Holdings Limited Class A Ordinary Shares (MWG)
Company Research
Source: GlobeNewswire
SINGAPORE, April 07, 2026 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (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 reported the successful delivery of five mixer trucks to clients, marking continued operational execution against active project demand. Concurrent with this delivery milestone, the Company announced a strategic initiative to diversify its portfolio into electric vehicle (EV) and hybrid construction equipment — a direct response to escalating fuel costs and a decisive move to align with Singapore's government-backed incentive program for early EV adopters in the construction sector. Multi Ways is currently in active negotiations with C&C to expand its line of electric vehicle products, while simultaneously preparing for the imminent commercial launch of hybrid and electric construction equipment. Fuel cost vol
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News
- Multi Ways Holdings Expands Singapore Operational Footprint by Approximately 149,000 Square Feet to Support Hybrid and EV Construction Equipment StrategyGlobeNewswire
- Multi Ways Holdings Secures Two New JTC Industrial Spaces Totaling Approximately 6,453 Square Meters in SingaporeGlobeNewswire
- Multi Ways Holdings Limited Announces 1-for-10 Reverse Share Split Effective February 23, 2026GlobeNewswire