Multi Ways Holdings Expands Singapore Operational Footprint by Approximately 149,000 Square Feet to Support Hybrid and EV Construction Equipment Strategy
Multi Ways Holdings Limited Class A Ordinary Shares (MWG)
Company Research
Source: GlobeNewswire
SINGAPORE, April 22, 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 announced that it has secured approximately 149,000 square feet of additional industrial capacity in Singapore to accelerate its strategic expansion into hybrid and electric (EV) construction equipment. The expansion comprises approximately 69,460 square feet of newly leased industrial space secured during the first quarter of 2026, together with a separate dedicated warehouse and yard facility of over 80,000 square feet under a five-year lease commencing April 15, 2026. The combined capacity positions the Company to scale its equipment fleet, support increased rental and sales activity, and rebalance operations toward higher-demand, energy-efficient equipment categories. Details of the ExpansionDuring the fir
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