MARKET WIRE NEWS

Multi Ways Holdings Secures Two New JTC Industrial Spaces Totaling Approximately 6,453 Square Meters in Singapore

MWN-AI** Summary

**Multi Ways Holdings Expands Operations with New JTC Industrial Spaces in Singapore**

On February 20, 2026, Multi Ways Holdings Limited (NYSE American: MWG), a prominent supplier of heavy construction equipment for sales and rentals in Singapore and the surrounding areas, announced the acquisition of two industrial spaces from JTC Corporation, totaling approximately 6,453 square meters (69,460 square feet). This strategic move aims to enhance the Company's operational capacity to meet the growing demand for construction machinery driven by infrastructure and development projects across the region.

The new leases include a 3,450-square-meter facility on a three-year lease and a 3,003-square-meter space on a one-year lease. According to Mr. James Lim, Chairman and CEO of Multi Ways, these facilities will significantly strengthen the Company’s storage and yard capabilities, allowing for more efficient management of its expanding inventory, which includes a diverse range of heavy equipment such as bulldozers, excavators, cranes, and wheel loaders.

The longer-term lease offers stability for ongoing operations, while the shorter lease provides flexibility to adapt to immediate project-driven demands. This proactive approach positions Multi Ways to better serve various sectors, including infrastructure, building construction, mining, and oil and gas.

Lim emphasized the importance of this expansion in light of robust demand signals from both public and private sectors, stating that securing additional space is essential for capturing growth opportunities and delivering value to shareholders. With over two decades of experience in the heavy construction equipment industry, Multi Ways Holdings is well-equipped to handle increased business volume and serve a diverse customer base across multiple regions.

For more information, please visit their website at www.multiwaysholdings.com.

MWN-AI** Analysis

Multi Ways Holdings Limited's recent acquisition of two industrial spaces in Singapore is a strategic move poised to enhance its operational capabilities. The newly secured facilities, totaling approximately 6,453 square meters, align with the company's objective to accommodate a growing inventory of heavy construction equipment amid an upsurge in regional demand. As the company expands in preparation for ongoing and future infrastructure projects, this investment positions Multi Ways as an agile player in a competitive market.

From a market perspective, the expansion into additional leasing space signals a robust outlook for the construction sector in Singapore, buoyed by government initiatives and private investments. Investors should consider that such proactive measures often correlate with positive financial growth and an expanded market footprint. The three-year lease for one of the facilities offers stability, while the one-year contract allows for immediate flexibility to respond to surges in demand as projects spring up.

Furthermore, Mr. James Lim’s comments emphasize a commitment to enhancing turnaround times and operational efficiency, which are critical for maintaining competitive advantage. As Multi Ways strengthens its infrastructure, its ability to meet customer needs across diverse sectors—ranging from construction to offshore and oil & gas—positions it favorably against competitors.

For investors, the expansion demonstrates Multi Ways’ commitment to growth and may reflect positively on future earnings reports. Continuous monitoring of market conditions and the company’s performance relative to its expansion plans will be essential. Analysts should also keep an eye on upcoming infrastructure projects in the region that could drive further demand in the coming years, as such initiatives could significantly impact Multi Ways' profitability and market positioning.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SINGAPORE, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (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 that it has secured two new industrial spaces from JTC Corporation (“JTC”), significantly expanding the Company’s operational capacity to meet increasing demand for heavy construction equipment across Singapore and the broader region.

Under the new lease agreements with JTC, Multi Ways has secured two strategic premises totaling approximately 6,453 square meters (69,460 square feet), comprising a 3,450-square-meter facility under a three-year lease and a 3,003-square-meter space under a one-year lease. These additional facilities will significantly strengthen the Company’s yard and storage capabilities, enabling it to efficiently accommodate its expanding inventory of heavy construction equipment, including bulldozers, excavators, cranes, wheel loaders, and other specialized machinery.

The acquisition of these additional spaces is a strategic initiative to strengthen the Company’s infrastructure and support its expanding operations. The three-year lease provides a stable, long-term operational base, while the one-year lease offers additional flexibility to accommodate near-term project-driven demand. Together, these spaces will enhance Multi Ways’ ability to efficiently stage, refurbish, and deploy equipment to customers across the infrastructure, building construction, mining, offshore and marine, and oil and gas industries.

Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways, commented: “We are pleased to announce the lease of two new JTC spaces, which represent an important step in expanding our operational footprint in Singapore. As demand for heavy construction equipment continues to grow – driven by major infrastructure projects and ongoing development activity across the region – it is essential that we have the physical capacity to support our customers effectively. These new facilities will allow us to manage our expanding equipment inventory better, improve turnaround times, and position the Company for sustained growth in the periods ahead.”

Mr. Lim continued: “Singapore’s construction and infrastructure sectors remain robust, and we are seeing strong demand signals from both the public and private sectors. By proactively securing additional space, we are investing in the foundation necessary to capture these opportunities and deliver value for our shareholders.”

About Multi Ways Holdings Limited

Multi Ways Holdings supplies a wide range of heavy construction equipment for sale and rental in Singapore and the surrounding region. With more than two decades of experience in the sales and rental of heavy construction equipment, the Company is well established as a reliable supplier of new and used heavy construction equipment to customers in Singapore, Australia, the UAE, the Maldives, Indonesia, and the Philippines. With our wide inventory of heavy construction equipment and complementary equipment refurbishment and cleaning services, Multi Ways is well-positioned to serve customers as a one-stop shop. For more information, visit www.multiwaysholdings.com.

Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: [email protected]


FAQ**

How does Multi Ways Holdings Limited plan to utilize the new industrial spaces secured from JTC Corporation in relation to the growing demand indicated by "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG"?

Multi Ways Holdings Limited plans to leverage the new industrial spaces secured from JTC Corporation to enhance operational capacity and efficiency, thereby meeting the increasing demand highlighted by "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG."

What specific operational improvements can investors expect from Multi Ways Holdings in 2026, given the recent lease announcements and the implications for "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG"?

Investors can anticipate enhanced operational efficiency and increased revenue streams from Multi Ways Holdings in 2026, driven by strategic lease agreements that optimize asset utilization and bolster the performance of "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG."

In what ways does Multi Ways Holdings anticipate that expanding its facilities will positively impact shareholder value, particularly in the context of "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG"?

Multi Ways Holdings anticipates that expanding its facilities will enhance operational efficiency, increase production capacity, and improve profitability, thereby driving higher returns and boosting shareholder value, particularly for investments like "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG."

How will Multi Ways Holdings address potential risks associated with expanding its operations, especially considering the factors highlighted in "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG"?

Multi Ways Holdings will mitigate expansion risks by implementing comprehensive risk management strategies, conducting thorough market analyses, ensuring compliance with regulations, and leveraging insights from "Morgan Stanley Cap Tr IV Gtd Cap Secs MWG" to adapt to potential market changes.

**MWN-AI FAQ is based on asking OpenAI questions about Morgan Stanley Cap Tr IV Gtd Cap Secs (NYSE: MWG).

Morgan Stanley Cap Tr IV Gtd Cap Secs

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