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Stock impact report

Multi Ways Holdings Announces $5.4 Million Purchase of 21 SANY Cranes

Multi Ways Holdings Limited Ordinary Shares (MWG) 
Company Research Source: GlobeNewswire
SINGAPORE, Oct. 27, 2025 (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, is pleased to announce it has placed additional new orders for 21 Sany cranes for approximately S$7.0 million (US$5.4 million). The majority of these orders are already confirmed with customers in Singapore. This deal builds on Multi Ways' existing partnership with SANY, the Chinese engineering giant and the world's third-largest heavy equipment manufacturer. This strategic acquisition will significantly enhance Multi Ways' fleet, enabling the Company to meet the growing demand for heavy construction equipment in the region. Mr. James Lim, Chairman and CEO of Multi Ways, commented on the acquisition, “We are thrilled to solidify our partnership with SANY through this significant order. The addition of these 21 new c Show less Read more
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