Multi Ways (MWG)
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Multi Ways Holdings Announces $6.4 Million Purchase of 62 Sinotruk Vehicles and Enters into Dealership Agreement with Cycle & Carriage
Globenewswire· 2026-01-12 13:00
Core Viewpoint - Multi Ways Holdings Limited has made a significant investment by ordering 62 Sinotruk vehicles valued at approximately S$8.24 million (US$6.4 million) to expand its fleet and address growing demand in the construction and logistics sectors [1][2][4]. Group 1: Fleet Expansion - The order includes 40 Sitrak G7 8x4 cement mixers and 22 Sitrak G7 8x4 tipper trucks, all equipped with HOWO automatic transmission systems [2]. - Delivery of the vehicles is expected within approximately three months, and they will come with a one-year warranty on engine, gearbox, and axle components [2]. Group 2: Dealership Agreement - Concurrently, the company has entered into a one-year Sinotruk Dealership Agreement with Cycle & Carriage, allowing Multi Ways to act as a non-exclusive dealer for Sinotruk products in Singapore [3]. - This dealership arrangement is expected to create a complementary sales channel, diversifying the company's revenue base [4]. Group 3: Strategic Positioning - The Chairman and CEO of Multi Ways emphasized that this order strengthens the company's commercial vehicle portfolio and positions it to capture opportunities in both equipment rental and direct vehicle sales [4]. - With over two decades of experience, Multi Ways is well-established as a reliable supplier of heavy construction equipment in Singapore and the surrounding region [5].
Why Multi Ways Holdings Shares Are Trading Higher By Around 60%; Here Are 20 Stocks Moving Premarket - Ascent Solar Technologies (NASDAQ:ASTI), Can Fite Biofarma (AMEX:CANF)

Benzinga· 2025-12-24 11:01
Financial Performance - Multi Ways Holdings Ltd reported net revenue of $26.44 million for the first half of 2025, representing an increase of 87.65% from $14.09 million in the same period last year [1] - The company's shares rose 59.6% to $0.40 in pre-market trading following the financial results announcement [1] Stock Movements - Indaptus Therapeutics Inc saw a surge of 62.1% to $3.21 after disclosing a significant investment by David E. Lazar [4] - X3 Holdings Co Ltd increased by 43.5% to $0.24 after previously dipping 90% [4] - Northann Corp rose 38.8% to $0.24 after engaging advisory services for business development [4] - Dynavax Technologies Corp gained 37.7% to $15.33 following Sanofi's agreement to acquire the company at $15.50 per share, valuing it at $2.2 billion [4] - Starfighters Space Inc shares jumped 18.2% to $15.30 amid post-IPO volatility [4] - Sidus Space Inc rose 17% to $1.93 after announcing a $25 million offering [4] - UiPath Inc increased by 8.7% to $17.35 after being announced as a member of the S&P Midcap 400 [4] Declines in Stock Prices - Picocela Inc fell 26.1% to $0.27 after a significant increase the previous day [4] - Can Fite Biopharma declined 25% to $0.18 following a reverse share split announcement [4] - Femasys Inc dropped 11.8% to $0.71 after filing a prospectus for a $9.8 million common stock offering [4] - SeaStar Medical Holding Corp fell 9.5% to $0.21 after announcing a reverse split [4] - EUDA Health Holdings Ltd dipped 8.3% to $1.75 after a previous jump of 41% [4]
Multi Ways Holdings Reports 88% Revenue Growth in First Half 2025, Provides Corporate Updates
Globenewswire· 2025-12-23 21:30
Core Viewpoint - Multi Ways Holdings Limited reported significant revenue growth in the first half of 2025, driven by strong equipment sales despite challenges in the business environment [2][6]. Financial Performance - Net revenue increased by 87.65% to $26.44 million for the six months ended June 30, 2025, compared to $14.09 million for the same period in 2024 [6]. - Gross profit was approximately $6.63 million with a profit margin of 25.08%, down from a gross profit of $4.66 million and a margin of 33.07% in the first half of 2024 [7]. - Net income rose significantly to approximately $0.90 million, a 1,025% increase from $0.08 million in the first half of 2024 [7]. - Cash and cash equivalents decreased to approximately $1.14 million as of June 30, 2025, from approximately $3.66 million a year earlier [7]. - Cash generated from operating activities was approximately $5.39 million, compared to cash used in operating activities of approximately $8.03 million in the first half of 2024 [7]. Market Outlook - The company is optimistic about future business prospects due to several major infrastructure projects set to commence in 2026, including the expansion of Changi Airport Terminal 5 and the Marina Bay Sands integrated resort [4]. - Ongoing large-scale infrastructure projects such as the Jurong Region Line and the Cross Island Line are also expected to contribute positively to the business environment [4]. Strategic Direction - The company remains committed to enhancing profitability and delivering sustainable value for shareholders through cost-management initiatives and operational efficiencies [5].
Multi Ways Holdings Announces $5.4 Million Purchase of 21 SANY Cranes
Globenewswire· 2025-10-27 12:30
Core Insights - Multi Ways Holdings Limited has placed new orders for 21 Sany cranes valued at approximately S$7.0 million (US$5.4 million), with most orders already confirmed by customers in Singapore [1][2][3] Company Overview - Multi Ways Holdings is a leading supplier of heavy construction equipment for sale and rental in Singapore and the surrounding region, with over two decades of experience [4] - The company serves a diverse customer base, including clients from Singapore, Australia, the UAE, the Maldives, Indonesia, and the Philippines, positioning itself as a one-stop shop for heavy construction equipment [4] Strategic Partnership - The new crane orders build on the existing partnership with SANY, the world's third-largest heavy equipment manufacturer, enhancing Multi Ways' fleet to meet growing regional demand [2][3] - The acquisition of these cranes is a strategic move to strengthen the company's market position and ensure the delivery of high-quality equipment for critical infrastructure projects [3] Market Demand - The order of new cranes is a direct response to robust demand in the Singaporean construction market and the broader region, indicating strong customer confidence in Multi Ways' capabilities [3]
SPARTAN CAPITAL SECURITIES, LLC SERVES AS EXCLUSIVE PLACEMENT AGENT FOR MULTI WAYS HOLDINGS' $1.485 MILLION SECOND TRANCHE, BRINGING TOTAL REGISTERED DIRECT OFFERING TO $2.97 MILLION
Globenewswire· 2025-10-06 14:00
Core Insights - Spartan Capital Securities, LLC announced the closing of the second tranche of a registered direct offering for Multi Ways Holdings Limited, a leading supplier of heavy construction equipment in Singapore and the surrounding region [1][4]. Group 1: Offering Details - The second tranche consisted of 9,000,000 ordinary shares priced at $0.165 per share, along with warrants to purchase an additional 9,000,000 ordinary shares, resulting in aggregate gross proceeds of $1,485,000 from this tranche [2]. - Combined with the first tranche, the total gross proceeds raised through the offering amount to $2,970,000 [2]. Group 2: Warrant Information - Each warrant is exercisable at $0.198 per share and will remain exercisable for five years from the date of issuance [3]. Group 3: Use of Proceeds - Multi Ways intends to use the net proceeds for working capital and general corporate purposes [3]. Group 4: Company Background - Multi Ways Holdings supplies a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, serving customers across Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines [7].
Multi Ways Holdings Announces Closing of Second Tranche of $1.485 Million Registered Direct Offering
Globenewswire· 2025-09-26 20:15
Core Viewpoint - Multi Ways Holdings Limited has successfully closed the second tranche of a registered direct offering, raising a total of $1,485,000 through the sale of 9,000,000 ordinary shares and warrants [1][2]. Group 1: Offering Details - The offering was priced at $0.165 per ordinary share and accompanying warrant, with each warrant exercisable at $0.198 per share for five years [2]. - The net proceeds from this offering will be utilized for working capital and general corporate purposes [2]. Group 2: Company Background - Multi Ways Holdings Limited is a prominent supplier of heavy construction equipment for sales and rental in Singapore and the surrounding region, with over two decades of experience in the industry [6]. - The company serves a diverse customer base, including clients from Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines, positioning itself as a reliable one-stop shop for heavy construction equipment [6]. Group 3: Legal and Advisory - Spartan Capital Securities, LLC acted as the exclusive placement agent for this offering, while Ortoli Rosenstadt LLP and Sichenzia Ross Ference LLP provided legal counsel to the company and the placement agent, respectively [3]. - The offering was conducted under an effective registration statement filed with the Securities and Exchange Commission [4].
Multi Ways Holdings Announces Closing of $1.485 Million Registered Direct Offering
Globenewswire· 2025-09-15 20:20
Core Viewpoint - Multi Ways Holdings Limited has successfully closed a registered direct offering of 9,000,000 ordinary shares and warrants, raising gross proceeds of $1,485,000, which will be used for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering was priced at $0.165 per ordinary share and accompanying warrant, with each warrant exercisable at $0.198 per share for five years following issuance [2]. - Spartan Capital Securities, LLC acted as the exclusive placement agent for this offering, while Ortoli Rosenstadt LLP and Sichenzia Ross Ference Carmel LLP served as legal counsel for the Company and the placement agent, respectively [3]. Group 2: Regulatory Information - The registered direct offering was conducted under an effective registration statement on Form F-1, initially filed with the Securities and Exchange Commission on March 28, 2025, and declared effective on September 10, 2025 [4]. Group 3: Company Overview - Multi Ways Holdings Limited is a prominent supplier of heavy construction equipment for sales and rental in Singapore and the surrounding region, with over two decades of experience in the industry [6]. - The Company is recognized as a reliable supplier of both new and used heavy construction equipment, serving customers from various countries including Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines [6].
Hain Celestial, Dave & Buster's Entertainment And 3 Stocks To Watch Heading Into Monday - Hain Celestial Group (NASDAQ:HAIN)




Benzinga· 2025-09-15 04:31
Group 1 - U.S. stock futures are trading slightly higher, indicating a positive market sentiment [1] - Hain Celestial Group Inc. is expected to report quarterly earnings of 3 cents per share on revenue of $371.46 million, with shares gaining 1.9% to $2.19 in after-hours trading [2] - MBody AI and Check Cap Ltd. have entered into a definitive merger agreement, resulting in Check-Cap shares jumping 206.3% to $2.27 in after-hours trading [2] - High Tide Inc. is anticipated to post a quarterly loss of 1 cent per share on revenue of $107.31 million, with shares gaining 2% to $3.50 in after-hours trading [2] - Multi Ways Holdings Ltd. reported a registered direct offering of $1.49 million for 9 million shares and warrants, leading to a 17.8% dip in shares to $0.28 in after-hours trading [2] - Dave & Buster's Entertainment Inc. is expected to report quarterly earnings of 92 cents per share on revenue of $562.78 million, with shares gaining 0.3% to $23.70 in after-hours trading [2]
Multi Ways Holdings Announces Pricing of $1.485 Million Registered Direct Offering
Globenewswire· 2025-09-12 20:15
Core Viewpoint - Multi Ways Holdings Limited announced a registered direct offering of 9,000,000 ordinary shares and warrants, aiming to raise approximately $1,485,000 for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering is priced at $0.165 per ordinary share and accompanying warrant, with each warrant exercisable at $0.198 per share for five years [2]. - The offering is expected to close on or about September 15, 2025, subject to customary closing conditions [3]. Group 2: Company Background - Multi Ways Holdings is a leading supplier of heavy construction equipment for sales and rental in Singapore and the surrounding region, with over two decades of experience [5]. - The company serves a diverse customer base, including clients from Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines, positioning itself as a one-stop shop for heavy construction equipment [5].
Multi Ways (MWG) - Prospectus(update)
2025-08-12 21:00
As filed with the U.S. Securities and Exchange Commission on August 12, 2025. Registration No. 333-286220 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Multi Ways Holdings Limited (Exact name of registrant as specified in its charter) Cayman Islands 3990 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (IRS. Employ ...