Multi Ways Holdings Announces the Sale of Premium SANY Cranes to Meet Growing Market Demand
SINGAPORE, April 10, 2024 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE:MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announces the sale of eight state-of-the-art SANY cranes from its recently expanded fleet to two customers. This sale is a strategic move following the Company's recent fleet renewal and expansion plans amidst improving industry conditions. The sale encompasses eight units of the SANY Crawler Crane, amounting to approximately USD2.12 million. These cranes are celebrated for their superior performance, dependability, and cutting-edge feature