Multi Ways Holdings Limited
New York Stock Exchange AmericanCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Hock Lim
- Full Time Employees
- 89
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- Address
- 3E Gul Circle Singapore Singapore 629633
- IPO Date
- Apr 3, 2023
- CIK
- 0001941500
- Website
- multiways.com.sg
- Similar Companies
- Business
- Multi Ways Holdings Limited (NYSE American: MWG) is a holding company primarily engaged in the sale and rental of new and used heavy construction equipment through its subsidiaries. The company supplies earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators, and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom lifts, and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers, and mini excavators; and generators and compressors such as air compressors, generators, lighting towers, and welding machines. It also provides complementary services including servicing and maintenance, troubleshooting and repair, customization, refurbishment, cleaning, and overseas transportation of heavy construction equipment. Multi Ways Holdings serves customers in the infrastructure, building construction, mining, offshore and marine, and oil and gas sectors, primarily in Singapore, Australia, Canada, and internationally, including markets in Malaysia, Pakistan, Dubai, Indonesia, China, Japan, Cambodia, the Philippines, Thailand, Vietnam, Maldives, the Middle East, and Africa. Founded in 1988 by Mr. James Lim as a sole proprietorship under the name Multi-Ways Equipment focusing on generators and air compressors, the business was incorporated as Multi Ways Equipment Pte Ltd in 2002 and expanded into road-building and mining equipment in 1996 and crane trading in 2012. Multi Ways Holdings Limited was incorporated in the Cayman Islands on June 2, 2022, as a holding company, with its principal operating subsidiary Multi Ways Equipment Pte Ltd based at 3E Gul Circle, Singapore 629633; the company completed its initial public offering and began trading on the NYSE American under the ticker MWG on April 3, 2023. Multi Ways Holdings is a subsidiary of MWE Investments Limited. In recent developments, Multi Ways Holdings announced in October 2025 a USD 5.4 million purchase of 21 SANY cranes, building on its existing partnership with SANY, the world's third-largest heavy equipment manufacturer, to expand its fleet and meet growing demand in Singapore and the region, with the majority of units pre-ordered. The company completed the second tranche of a USD 1.485 million registered direct offering in 2025, selling 9 million ordinary shares at USD 0.165 each with accompanying warrants. In June 2025, Multi Ways Holdings filed its 2024 annual report with the SEC, reaffirming its focus on heavy construction equipment sales, rentals, and refurbishment services amid ongoing infrastructure projects.
Multi Ways Holdings Reports Fiscal Year 2025 Results: Revenue Grows 44% to $44.8 Million
Multi Ways (NYSE:MWG) Shares Down 5.6% – Here’s What Happened
Multi Ways Holdings Expands Singapore Operational Footprint by Approximately 149,000 Square Feet to Support Hybrid and EV Construction Equipment Strategy
Multi Ways Holdings Delivers Five Mixer Trucks and Advances Electric Vehicle Strategy to Capture Singapore's Construction Electrification Opportunity
Multi Ways (NYSE:MWG) Stock Price Up 14.3% – Still a Buy?
Multi Ways Holdings Secures Two New JTC Industrial Spaces Totaling Approximately 6,453 Square Meters in Singapore
Multi Ways Holdings Limited Announces 1-for-10 Reverse Share Split Effective February 23, 2026
Stock Market Today: Dow Jones, Nasdaq Futures Slip On Christmas Eve Despite Strong Q3 GDP Report— UiPath, AST SpaceMobile, Ramaco In Focus (UPDATED)
Multi Ways Holdings Reports 88% Revenue Growth in First Half 2025, Provides Corporate Updates
Multi Ways Holdings Announces $5.4 Million Purchase of 21 SANY Cranes
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
Multi Ways Holdings Announces Closing of Second Tranche of $1.485 Million Registered Direct Offering
Spartan Capital Securities Serves as Exclusive Placement Agent for Multi Ways Holdings' $1.485 Million Registered Direct Offering
Multi Ways Holdings Announces Pricing of $1.485 Million Registered Direct Offering
Multi Ways Holdings Files Annual Report on Form 20-F for Fiscal Year 2024
Multi Ways Holdings Reports Financial Results for Fiscal Year 2024
Multi Ways Holdings Receives Notification of Deficiency from NYSE Related to Delayed Filing of Annual Report on Form 20-F
Multi Ways Holdings Announces Sale of Twenty-Three SANY Cranes Totaling Over US$6.6 Million
Multi Ways Holdings Announces First Half 2024 Unaudited Financial Results, Provides Corporate Updates
Multi Ways Holdings Secures $17.6 Million Leasing Deal with Singapore's Ministry of Defence, Strengthening its Growth Prospects