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Stock impact report

Multi Ways Partners with Papua New Guinea Forest Authority to Promote Economic Growth

Multi Ways Holdings Limited (MWG) 
Company Research Source: GlobeNewswire
SINGAPORE, April 16, 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, is proud to announce a strategic partnership with the Papua New Guinea Forest Authority (PNGFA) by establishing a dedicated office within its Singapore headquarters. This initiative facilitates outreach to local and international investors, encouraging investment into Papua New Guinea (PNG) to foster economic growth and development. Commemorating the partnership (from left to right) is Mr. John Mosoro, Managing Director of PNGFA, the Honorable Salio Waipo, Minister for Forests, Mr. James Lim, Chairman and CEO of Multi Ways, and Mr. Nick Tan, Chief Operating Officer (April 2024) The PNGFA is an authority committed to the sustainable management of PNG's forest resources and plays a crucial role in promoting responsible forestry Show less Read more
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