Multi Ways Holdings Announces Sale of Twenty-Three SANY Cranes Totaling Over US$6.6 Million
Multi Ways Holdings Limited (MWG)
Company Research
Source: GlobeNewswire
SINGAPORE, Jan. 08, 2025 (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, today announced the the sale of 23 SANY cranes in the year ending December 31, 2024, generating revenue of SGD 8.9 million (US$6.6 million). The deal builds on Multi Ways' partnership with SANY, the Chinese engineering giant and world's third-largest machinery manufacturer. "This deal showcases our ability to deliver exactly what our clients need," said Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways. "We're seeing strong demand for premium construction equipment, and our relationship with SANY helps us meet that demand head-on." The sale represents a significant portion of Multi Ways' equipment transactions for 2024 and demonstrates the Company's ongoing strategy to maintain a modern, high-performance fleet. By
Show less
Read more
Impact Snapshot
Event Time:
MWG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MWG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MWG alerts
High impacting Multi Ways Holdings Limited news events
Weekly update
A roundup of the hottest topics
MWG
Sec Filings
- 12/31/24 - Form 6-K
- 11/13/24 - Form 6-K
- 11/12/24 - Form 6-K
- MWG's page on the SEC website