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Multi Ways Holdings Limited Announces COO Resignation

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Multi Ways Holdings Limited Announces COO Resignation

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The latest announcement is out from Multi Ways Holdings Limited ( (MWG) ).

Multi Ways Holdings Limited, a company based in Singapore, announced that effective September 30, 2025, Mr. Lu Chong Tan resigned from his position as Chief Operating Officer. His resignation was not due to any disagreements with the company. The company has started searching for a new COO, and in the interim, Mr. James Lim Eng Hock, the Executive Director, Chairman, and CEO, will assume the responsibilities of the COO until a suitable candidate is appointed.

The most recent analyst rating on (MWG) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Multi Ways Holdings Limited stock, see the MWG Stock Forecast page.

Spark’s Take on MWG Stock

According to Spark, TipRanks’ AI Analyst, MWG is a Neutral.

The overall stock score is primarily influenced by financial performance challenges, including declining revenues and profitability, high leverage, and liquidity pressures. Technical analysis provides a neutral outlook, while valuation metrics are unattractive due to negative earnings and lack of dividends.

To see Spark’s full report on MWG stock, click here.

More about Multi Ways Holdings Limited

Average Trading Volume: 552,637

Technical Sentiment Signal: Hold

Find detailed analytics on MWG stock on TipRanks’ Stock Analysis page.

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