Multi Ways Holdings announces $6.4M purchase of 62 Sinotruk vehicles

Multi Ways Holdings (MWG) announced that it has placed an order for 62 Sinotruk vehicles valued at approximately S$8.24 million and entered into a Sinotruk dealership agreement with Cycle & Carriage Ventures, a subsidiary of Jardine Cycle & Carriage. The order comprises 40 Sitrak G7 8×4 cement mixers and 22 Sitrak G7 8×4 tipper trucks, each equipped with HOWO automatic transmission systems. Delivery is expected within approximately three months of order confirmation, with vehicles carrying a one-year warranty on engine, gearbox, and axle components. The acquisition expands Multi Ways’ fleet capacity to address demand for heavy-duty commercial vehicles in the construction and logistics sectors.