Igniting High-Growth Expansion as Electrification Strategy and Infrastructure Dominance Converge; 88% Revenue Growth (N Y S E: MWG)

TUAS, Singapore - April 22, 2026 - PRLog -- Multi Ways Holdings Limited (N Y S E American: MWG) is rapidly emerging as a high-conviction growth story in the global construction equipment sector, combining aggressive operational expansion, accelerating financial performance, and a decisive shift into electrified equipment that aligns with powerful government incentives and long-term industry demand.

At a time when rising fuel costs and sustainability mandates are forcing change across the construction landscape, MWG is not reacting—it is strategically repositioning itself to lead the next phase of industry evolution.

Explosive Growth Signals a Company Scaling Into Its Next Phase

MWG's recent financial trajectory underscores a company moving beyond steady expansion into accelerated, high-impact growth. Revenue surged approximately 88% to $26.44 million in the first half of 2025, while net income expanded dramatically, reflecting both increased demand and improving operational leverage.

This level of performance is not occurring in isolation—it is being driven by real contracts, active deployments, and a rapidly expanding equipment base, positioning the company for continued momentum.

Electrification Strategy: Capturing a Structural Industry Shift

MWG's pivot into hybrid and electric construction equipment represents a transformational shift, not simply a product extension. The company is aligning directly with Singapore's Energy Efficiency Grant (EEG), which provides up to 70% funding support for qualifying equipment—dramatically lowering adoption barriers for customers.

At the same time, $MWG is actively executing:

• Delivering new mixer trucks into active projects
• Preparing for the commercial launch of hybrid and EV equipment
• Negotiating expansion of its EV product line with key partners

This dual-track approach—generating revenue today while building tomorrow's fleet—creates a powerful and scalable growth runway.

Deep Integration Into High-Value Infrastructure Projects

MWG is not positioning for opportunity—it is already embedded within it.

The company's equipment is actively deployed across Singapore's most significant infrastructure developments, including:

• Changi Airport Terminal 5
• The Long Island coastal reclamation project

These projects represent multi-year, high-value demand environments. More importantly, MWG is in active discussions to integrate its hybrid and electric equipment into cement and construction workflows tied to these initiatives—potentially providing large-scale validation of its electrification strategy.

Aggressive Expansion of Operational Capacity

To support this growth, MWG has significantly expanded its operational footprint in Singapore, securing more than 150,000 square feet of combined warehouse and yard space across multiple lease structures.

This expansion is designed to:

• Support a growing equipment fleet
• Enable storage and deployment of EV and hybrid machinery
• Increase maintenance and refurbishment capacity
• Improve logistics and operational efficiency

The structure balances long-term stability with short-term flexibility, allowing the company to scale while managing risk effectively.

Strategic Fleet Growth and Revenue-Backed Investments

MWG continues to expand its fleet through demand-driven acquisitions and partnerships, reinforcing both its rental and sales segments.

Key initiatives include:

• A $6.4 million purchase of 62 Sinotruk vehicles
• A dealership agreement with Cycle & Carriage, opening new sales channels
• Additional investments in cranes and heavy equipment, many already pre-committed to customers

These are not speculative expansions—they are tied directly to existing and anticipated demand, enhancing revenue visibility.

One-Stop-Shop Model Strengthens Competitive Position

With more than two decades of operating history, MWG has built a reputation as a full-service provider of heavy construction equipment, offering:

• Equipment sales and rentals
• Refurbishment and cleaning services
• Logistics and operational support

Serving customers across Singapore, Australia, the UAE, Indonesia, and beyond, the company has established a diversified and resilient customer base.

This integrated model strengthens customer retention while creating multiple revenue streams.

Tight Share Structure Adds Leverage to Growth

MWG's equity profile provides an additional layer of investor appeal. With approximately 33.3 million shares outstanding, the company maintains a relatively tight structure that can amplify upside as growth accelerates and market awareness increases.

The Bigger Picture: Positioned at the Intersection of Growth Drivers

MWG is operating at the convergence of several powerful, long-term trends:

• Electrification of construction equipment
• Rising global infrastructure investment
• Government-backed sustainability incentives
• Increasing demand for cost-efficient machinery

These forces are not cyclical—they are structural, creating a sustained runway for companies positioned to execute.

Final Take: A Scalable Growth Platform With Multiple Catalysts

Multi Ways Holdings is no longer just a regional equipment supplier—it is evolving into a scalable, growth-oriented platform positioned at the center of a major industry transformation.

With:

• Explosive revenue and earnings growth
• Active deployment in major infrastructure projects
• Strategic expansion into EV and hybrid equipment
• Government incentive alignment
• Aggressive but demand-backed fleet growth
• Expanding operational capacity and global reach

MWG represents a rare combination of real revenue, tangible assets, and forward-looking strategy.

For investors seeking exposure to infrastructure growth, electrification trends, and scalable operational expansion, MWG is not simply participating in the future of construction—

It is positioning itself to help define it.

For more information on $MWG, visit: www.multiwaysholdings.com and   https://share.google/DVK1V7McPOsNmZ8HC

Media Contact:
Company Name: Multi Ways Holdings Limited (N Y S E American: MWG)
Contact:  Matthew Abenante, IRC, Strategic Investor Relations, LLC
Email:  matthew@strategic-ir.com
Phone: 347-947-2093
Country: Singapore

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