Multi Ways Holdings announces sale of premium SANY cranes

Multi Ways Holdings announces the sale of eight state-of-the-art SANY cranes from its recently expanded fleet to two customers. This sale is a strategic move following the Company’s recent fleet renewal and expansion plans amidst improving industry conditions. The sale encompasses eight units of the SANY Crawler Crane, amounting to approximately USD2.12 million. James Lim, Chairman and CEO of Multi Ways, expressed his enthusiasm regarding the transactions, stating, “Our decision to sell these top-of-the-line SANY cranes reflects our confidence in the ongoing recovery and expansion of the construction market. With our strategic fleet management, we are adept at meeting our customers’ changing needs and contributing to the successful realization of their projects, thereby ensuring our long-term success in a competitive environment.”