Multi Ways Holdings (MWG) announced that it has secured approximately 149,000 square feet of additional industrial capacity in Singapore to accelerate its strategic expansion into hybrid and electric construction equipment. The expansion comprises approximately 69,460 square feet of newly leased industrial space secured during the first quarter of 2026, together with a separate dedicated warehouse and yard facility of over 80,000 square feet under a five-year lease commencing April 15. The combined capacity positions the company to scale its equipment fleet, support increased rental and sales activity, and rebalance operations toward higher-demand, energy-efficient equipment categories.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
