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].