Multi Ways Holdings Regains Compliance with NYSE Continued Listing Standards
Multi Ways Holdings (NYSE: MWG), a Singapore-based supplier of heavy construction equipment, has successfully regained compliance with NYSE American's continued listing standards. The company had previously received a non-compliance notification on May 16, 2025, due to the delayed filing of its Annual Report (Form 20-F) for fiscal year 2024. After submitting the required filing on May 23, 2025, NYSE Regulation confirmed MWG's return to compliance on May 27, 2025.
Multi Ways Holdings (NYSE: MWG), fornitore di attrezzature pesanti per l'edilizia con sede a Singapore, ha riconquistato con successo la conformità agli standard di quotazione continua del NYSE American. In precedenza, la società aveva ricevuto una notifica di non conformità il 16 maggio 2025, a causa del ritardo nella presentazione del suo Rapporto Annuale (Modulo 20-F) per l'anno fiscale 2024. Dopo aver inviato la documentazione richiesta il 23 maggio 2025, NYSE Regulation ha confermato il ritorno alla conformità di MWG il 27 maggio 2025.
Multi Ways Holdings (NYSE: MWG), un proveedor de equipos pesados de construcción con sede en Singapur, ha logrado recuperar el cumplimiento con los estándares de listado continuo de NYSE American. La compañía había recibido previamente una notificación de incumplimiento el 16 de mayo de 2025, debido a la presentación tardía de su Informe Anual (Formulario 20-F) para el año fiscal 2024. Tras presentar la documentación requerida el 23 de mayo de 2025, NYSE Regulation confirmó el regreso al cumplimiento de MWG el 27 de mayo de 2025.
Multi Ways Holdings (NYSE: MWG), 싱가포르에 본사를 둔 중장비 건설 장비 공급업체가 NYSE American의 상장 유지 기준을 성공적으로 충족하였습니다. 회사는 2025년 5월 16일 2024 회계연도 연례보고서(Form 20-F) 제출 지연으로 인해 비준수 통지를 받은 바 있습니다. 2025년 5월 23일에 필요한 서류를 제출한 후, NYSE Regulation은 2025년 5월 27일에 MWG가 다시 준수 상태임을 확인했습니다.
Multi Ways Holdings (NYSE : MWG), un fournisseur singapourien d'équipements lourds de construction, a réussi à retrouver sa conformité aux normes de cotation continue du NYSE American. La société avait précédemment reçu une notification de non-conformité le 16 mai 2025, en raison du retard dans le dépôt de son rapport annuel (Formulaire 20-F) pour l'exercice 2024. Après avoir soumis le dossier requis le 23 mai 2025, NYSE Regulation a confirmé le retour à la conformité de MWG le 27 mai 2025.
Multi Ways Holdings (NYSE: MWG), ein in Singapur ansässiger Anbieter von schweren Baumaschinen, hat die Einhaltung der fortlaufenden Notierungsanforderungen der NYSE American erfolgreich wiederhergestellt. Das Unternehmen hatte zuvor am 16. Mai 2025 eine Nichtkonformitätsmitteilung erhalten, da der Jahresbericht (Formular 20-F) für das Geschäftsjahr 2024 verspätet eingereicht wurde. Nach Einreichung der erforderlichen Unterlagen am 23. Mai 2025 bestätigte die NYSE Regulation am 27. Mai 2025 die Rückkehr von MWG zur Einhaltung der Anforderungen.
- Regained NYSE American listing compliance, removing delisting risk
- Successfully filed 2024 Form 20-F annual report
- Previously failed to file annual report on time, indicating potential internal control issues
SINGAPORE, May 29, 2025 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced that it received a notification from the New York Stock Exchange Regulation (“NYSE Regulation”) that it officially regained compliance with exchange listing requirements.
On May 16, 2025, the Company received a notification from NYSE Regulation indicating that, as a result of not having timely filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 (the “2024 Form 20-F”) with the U.S. Securities and Exchange Commission (the “SEC”), the Company was not in compliance with NYSE American LLC (“NYSE American”) continued listing standards.
On May 23, 2025, the Company filed its 2024 Form 20-F, and was notified by NYSE Regulation on May 27, 2025 that it has regained compliance with its applicable NYSE American continued listing requirements.
About Multi Ways Holdings Limited
Multi Ways Holdings supplies a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. With more than two decades of experience in the sales and rental of heavy construction equipment business, the Company is widely established as a reliable supplier of new and used heavy construction equipment to customers from Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines. With our wide variety of heavy construction equipment in our inventory and complementary equipment refurbishment and cleaning services, Multi Ways is well-positioned to serve customers as a one-stop shop. For more information, visit www.multiwaysholdings.com.
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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