Welcome to our dedicated page for Multi Ways Holdings news (Ticker: MWG), a resource for investors and traders seeking the latest updates and insights on Multi Ways Holdings stock.
Multi Ways Holdings Limited supplies heavy construction equipment for sale and rental in Singapore and the surrounding region. News about MWG centers on equipment sales, rental demand, fleet purchases, customer deliveries, dealership arrangements, and operating capacity for machinery used in construction, infrastructure, mining, offshore and marine, and oil and gas markets.
The company's updates also cover financial results, margin and sales-mix trends, Singapore yard and warehouse leases, and its expansion into hybrid and electric construction equipment categories. Corporate news includes capital-structure actions and exchange-listing related measures affecting its Class A and Class B ordinary shares.
Multi Ways (NYSE American: MWG) reported fiscal 2025 revenue up 44.2% to $44.8 million, with equipment sales rising 54% to $33.1 million. Gross profit reached $11.1 million, but gross margin declined to 24.8%. Net loss narrowed to $0.4 million and operating cash flow improved to $6.4 million.
The company regained NYSE American listing compliance, signed new dealership agreements with Shandong Shantui and C&C, ordered 21 SANY cranes worth about US$5.4 million, secured new JTC industrial sites, and added roughly 149,000 square feet of Singapore operational capacity.
Multi Ways Holdings (NYSE:MWG) secured approximately 149,000 square feet of additional industrial capacity in Singapore to scale hybrid and electric (EV) construction equipment sales and rentals. The expansion includes ~69,460 sq ft from Q1 2026 leases and a separate >80,000 sq ft warehouse and yard under a five-year lease starting April 15, 2026 at monthly rent S$108,800 (~US$80,000).
The capacity will support fleet growth, dedicated hybrid/EV storage, maintenance and increased rental and sales volumes, targeting demand in Singapore and ASEAN amid regional shifts away from diesel-powered machinery.
Multi Ways Holdings (NYSE:MWG) delivered five mixer trucks and is advancing an electrification strategy by negotiating expanded EV product ties with C&C and preparing an imminent commercial launch of hybrid and electric construction equipment.
The company supports Singapore Mega Projects including Changi Airport Terminal 5 and the Long Island reclamation, and cites the Energy Efficiency Grant covering up to 70% of qualifying equipment costs as a catalyst for adoption.
Multi Ways Holdings (NYSE American: MWG) secured two JTC industrial leases in Singapore totaling approximately 6,453 square meters on Feb 20, 2026. The leases comprise a 3,450 sqm facility under a three-year term and a 3,003 sqm facility under a one-year term.
These spaces expand yard and storage capacity to support growing sales and rental demand for heavy construction equipment, improve staging and refurbishment capabilities, and aim to strengthen operational readiness for infrastructure, construction, mining, offshore, marine, and oil and gas customers.
Multi Ways Holdings (NYSE: MWG) announced a 1-for-10 reverse share split approved Nov 26, 2025 and effective for trading on February 23, 2026. Post-split CUSIP will be G6362F116, par value increases to US$0.0025, and authorized capital is adjusted as disclosed.
The company expects approximately 4,142,000 Class A and 1,000,000 Class B shares outstanding after the split; fractional shares will be rounded up and VStock Transfer will act as exchange agent.
Multi Ways Holdings (NYSE American: MWG) ordered 62 Sinotruk vehicles for approximately S$8.24 million (US$6.4 million) and signed a one-year, non-exclusive Sinotruk dealership agreement with Cycle & Carriage on January 12, 2026. The fleet order includes 40 Sitrak G7 8x4 cement mixers and 22 Sitrak G7 8x4 tipper trucks, all with HOWO automatic transmissions. Delivery is expected within approximately three months of order confirmation, and vehicles carry a one-year warranty on engine, gearbox, and axle components. The acquisition increases fleet capacity to serve construction and logistics customers and creates a complementary sales channel via the Cycle & Carriage appointment.
Multi Ways Holdings (NYSE American: MWG) reported unaudited first half 2025 results on Dec 23, 2025 showing net revenue of $26.44M, up 87.65% from $14.09M in H1 2024.
Gross profit was $6.63M with a 25.08% gross margin versus 33.07% a year earlier. Reported net income was approximately $0.90M for H1 2025, compared with $0.08M in H1 2024. Cash and cash equivalents fell to $1.14M from $3.66M year‑over‑year, while cash from operating activities improved to $5.39M.
Management cited stronger equipment sales, prior locked‑in orders, and marketing as drivers and noted margin pressure from competitive and input‑cost factors; highlighted 2026 infrastructure projects as growth catalysts.
Multi Ways Holdings (NYSE American: MWG) announced on October 27, 2025 that it placed orders for 21 SANY cranes for approximately S$7.0 million (US$5.4 million). The release says the majority of these units are already confirmed with customers in Singapore and that the purchase builds on Multi Ways' partnership with SANY.
The company stated the acquisition will expand its fleet to meet growing regional demand for heavy construction equipment and support ongoing infrastructure projects, emphasizing operational capability and customer service.
Multi Ways Holdings (NYSE American: MWG), a Singapore-based heavy construction equipment supplier, has completed the second tranche of its registered direct offering. The company raised $1.485 million through the sale of 9 million ordinary shares at $0.165 per share, with accompanying warrants.
Each warrant allows the purchase of one ordinary share at $0.198 and is exercisable for five years. The offering was conducted through Spartan Capital Securities as the exclusive placement agent, with proceeds intended for working capital and general corporate purposes.
Multi Ways Holdings (NYSE American: MWG), a Singapore-based heavy construction equipment supplier, has successfully closed its registered direct offering of 9 million ordinary shares and accompanying warrants. The offering was priced at $0.165 per share, raising gross proceeds of $1.485 million.
The warrants allow holders to purchase up to 9 million additional shares at $0.198 per share within a five-year exercise period. The company plans to utilize the net proceeds for working capital and general corporate purposes. Spartan Capital Securities acted as the exclusive placement agent for this offering.