Multi Ways Holdings Secures Two New JTC Industrial Spaces Totaling Approximately 6,453 Square Meters in Singapore
Rhea-AI Summary
Multi Ways Holdings (NYSE American: MWG) secured two JTC industrial leases in Singapore totaling approximately 6,453 square meters on Feb 20, 2026. The leases comprise a 3,450 sqm facility under a three-year term and a 3,003 sqm facility under a one-year term.
These spaces expand yard and storage capacity to support growing sales and rental demand for heavy construction equipment, improve staging and refurbishment capabilities, and aim to strengthen operational readiness for infrastructure, construction, mining, offshore, marine, and oil and gas customers.
Positive
- 6,453 sqm total new industrial space secured
- 3,450 sqm three-year lease provides multi-year operational base
- Expanded staging and storage to support equipment sales and rentals
Negative
- 3,003 sqm one-year lease requires renewal within 12 months
- Partial short-term tenancy may limit long-term site certainty
News Market Reaction – MWG
In the Feb 20 session, MWG gained 4.54%, reflecting a moderate positive market reaction. Argus tracked a peak move of +11.6% during that session. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. Trading volume was elevated at 2.3x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 12 | Reverse share split | Negative | -12.2% | 1-for-10 reverse split to support NYSE American listing compliance. |
| Jan 12 | Fleet purchase, deal | Positive | +0.2% | $6.4M Sinotruk vehicle order and new dealership agreement. |
| Dec 23 | Earnings, updates | Positive | +0.0% | H1 2025 revenue up 87.65% with higher net income and updates. |
| Oct 27 | Crane fleet expansion | Positive | -1.5% | $5.4M purchase of 21 SANY cranes to meet demand. |
| Sep 26 | Equity offering | Negative | -3.2% | Registered direct offering of 9M shares and warrants for $1.485M. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Stock reactions have mostly tracked the perceived tone of news, with negative capital-structure actions drawing selling and growth or expansion updates seeing flat-to-slightly-positive responses, with one divergence on fleet expansion.
Over the past months, Multi Ways has balanced growth initiatives with capital structure changes. A 1-for-10 reverse split announcement on Feb 12, 2026 saw a -12.18% reaction, while large fleet purchases on Oct 27, 2025 and Jan 12, 2026 for $5.4M and $6.4M had muted price moves. H1 2025 results on Dec 23, 2025 highlighted 87.65% revenue growth but only a small positive reaction. The new lease-driven footprint expansion fits the pattern of operational growth updates with modest immediate pricing impact historically.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New Leases Expand the Company’s Operational Footprint to Support Growing Equipment Sales and Rental Demand
SINGAPORE, Feb. 20, 2026 (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 has secured two new industrial spaces from JTC Corporation (“JTC”), significantly expanding the Company’s operational capacity to meet increasing demand for heavy construction equipment across Singapore and the broader region.
Under the new lease agreements with JTC, Multi Ways has secured two strategic premises totaling approximately 6,453 square meters (69,460 square feet), comprising a 3,450-square-meter facility under a three-year lease and a 3,003-square-meter space under a one-year lease. These additional facilities will significantly strengthen the Company’s yard and storage capabilities, enabling it to efficiently accommodate its expanding inventory of heavy construction equipment, including bulldozers, excavators, cranes, wheel loaders, and other specialized machinery.
The acquisition of these additional spaces is a strategic initiative to strengthen the Company’s infrastructure and support its expanding operations. The three-year lease provides a stable, long-term operational base, while the one-year lease offers additional flexibility to accommodate near-term project-driven demand. Together, these spaces will enhance Multi Ways’ ability to efficiently stage, refurbish, and deploy equipment to customers across the infrastructure, building construction, mining, offshore and marine, and oil and gas industries.
Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways, commented: “We are pleased to announce the lease of two new JTC spaces, which represent an important step in expanding our operational footprint in Singapore. As demand for heavy construction equipment continues to grow – driven by major infrastructure projects and ongoing development activity across the region – it is essential that we have the physical capacity to support our customers effectively. These new facilities will allow us to manage our expanding equipment inventory better, improve turnaround times, and position the Company for sustained growth in the periods ahead.”
Mr. Lim continued: “Singapore’s construction and infrastructure sectors remain robust, and we are seeing strong demand signals from both the public and private sectors. By proactively securing additional space, we are investing in the foundation necessary to capture these opportunities and deliver value for our shareholders.”
About Multi Ways Holdings Limited
Multi Ways Holdings supplies a wide range of heavy construction equipment for sale and rental in Singapore and the surrounding region. With more than two decades of experience in the sales and rental of heavy construction equipment, the Company is well established as a reliable supplier of new and used heavy construction equipment to customers in Singapore, Australia, the UAE, the Maldives, Indonesia, and the Philippines. With our wide inventory of heavy construction equipment 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
