MWG

Multi Ways Holdings Expands Fleet with the Acquisition of 16 New Crawler Cranes

Retrieved on: 
Wednesday, May 8, 2024
Acquisition, MWG, Renewable energy

Following the successful procurement and renewal strategy announced in February 2024, Multi Ways has entered into another purchase agreement with SANY International Development Limited, a globally renowned manufacturer of top-tier construction equipment.

Key Points: 
  • Following the successful procurement and renewal strategy announced in February 2024, Multi Ways has entered into another purchase agreement with SANY International Development Limited, a globally renowned manufacturer of top-tier construction equipment.
  • The newly acquired crawler cranes include the following models:
    This additional investment aligns with Multi Ways' commitment to providing exceptional service, reliability, and versatility to its customers.
  • The Company's fleet expansion and renewal strategy are driven by customer feedback and market demands, ensuring that Multi Ways remains a leading provider in the heavy construction equipment sector.
  • Mr. James Lim, Chairman and CEO of Multi Ways, commented on the acquisition, stating, “We are excited to announce the expansion of our fleet with the acquisition of these 16 new crawler cranes.

Multi Ways Partners with Papua New Guinea Forest Authority to Promote Economic Growth

Retrieved on: 
Tuesday, April 16, 2024
MWG, Partnership, Economic development, PNGFA, Forestry

This initiative facilitates outreach to local and international investors, encouraging investment into Papua New Guinea (PNG) to foster economic growth and development.

Key Points: 
  • This initiative facilitates outreach to local and international investors, encouraging investment into Papua New Guinea (PNG) to foster economic growth and development.
  • Mr. James Lim, Chairman and CEO of Multi Ways, commented, "We are honored to host the Papua New Guinea Forest Authority within our Singapore headquarters.
  • This collaboration not only underlines our commitment to sustainable development but also opens up new avenues for economic growth in PNG.
  • For further details about the Papua New Guinea Forest Authority and its initiatives, please visit https://www.pngfa.gov.pg .

Multi Ways Holdings Announces the Sale of Premium SANY Cranes to Meet Growing Market Demand

Retrieved on: 
Wednesday, April 10, 2024
Sale, Environment, SANY, MWG, Growth

This sale is a strategic move following the Company's recent fleet renewal and expansion plans amidst improving industry conditions.

Key Points: 
  • 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.
  • These cranes are celebrated for their superior performance, dependability, and cutting-edge features, mirroring Multi Ways' dedication to providing first-class equipment solutions to its clientele.
  • Mr. 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.

Multi Ways Holdings Announces Fleet Expansion and Renewal Strategy Amid Positive Market Outlook

Retrieved on: 
Tuesday, February 20, 2024
Acquisition, MWG, Safety, Growth, Public sector, Investment, Renewable energy

As part of its commitment to excellence and customer satisfaction, Multi Ways Holdings Limited has entered into a significant purchase agreement with SANY International Development Limited, a renowned global manufacturer of top-tier construction equipment.

Key Points: 
  • As part of its commitment to excellence and customer satisfaction, Multi Ways Holdings Limited has entered into a significant purchase agreement with SANY International Development Limited, a renowned global manufacturer of top-tier construction equipment.
  • The newly acquired equipment includes:
    This procurement initiative is a cornerstone of the Company's broader strategy to expand and renew its fleet.
  • By integrating new and used heavy construction equipment, Multi Ways aims to cater to a wider customer base, enhance its service reliability, and solidify its position in the market.
  • The renewal strategy focuses on the fleet's regular upgrades and expansions, driven by customers' feedback across various industries and geographical locations.

Sichenzia Ross Ference Carmel LLP Closes Over 100 Capital Markets Transactions Valued At Over $700 Million in 2023

Retrieved on: 
Thursday, February 8, 2024
Pain management, Growth, Stroke, MWG, SRFC, IPO, Security (finance)

NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Today, Sichenzia Ross Ference Carmel LLP (“SRFC”), a full-service law firm internationally recognized for its securities and litigation practices, announced that it has closed over 100 transactions, ranging from $1.1 million to $70 million. In 2023, with the total value of these transactions surpassing $700 million. The transactions on behalf of both issuers and underwriters included initial public offerings, secondary public offerings, registered direct offerings and private placements.

Key Points: 
  • NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Today, Sichenzia Ross Ference Carmel LLP (“SRFC”), a full-service law firm internationally recognized for its securities and litigation practices, announced that it has closed over 100 transactions, ranging from $1.1 million to $70 million.
  • In 2023, with the total value of these transactions surpassing $700 million.
  • The transactions on behalf of both issuers and underwriters included initial public offerings, secondary public offerings, registered direct offerings and private placements.
  • In October of 2023, Sichenzia Ross Ference LLP combined forces with Carmel, Milazzo & Feil to form SRFC and currently consists of approximately 70 experienced attorneys in offices including New York City, California and Florida.

MWG Holdings, Award-Winning Cannabis Company, Achieves Positive Cash Flow in 2023; Plans Expansion in 2024

Retrieved on: 
Wednesday, January 10, 2024
Music, Green, Black Friday, Food, Face, Foot, Woodland, California, Suite, Cannabis, Organization, American City Business Journals, MWG, Growth, Drug

In 2023, MWG Holdings celebrated a victorious turnaround as the company achieved positive cash flow, in the face of broadly challenging economic conditions.

Key Points: 
  • In 2023, MWG Holdings celebrated a victorious turnaround as the company achieved positive cash flow, in the face of broadly challenging economic conditions.
  • Joining MWG in 2022, Sheridan has over a decade of experience and a successful entrepreneurial track record in cannabis.
  • With a driven focus on product quality, service and partnerships, Sheridan quickly restructured the company from the ground up to ensure positive cash flow.
  • The California cannabis market is expected to reach $7.2 billion in 2024, according to an Arcview Group and BDS Analysis report.

Award-Winning Cannabis Company MWG Holdings Obtains Highly Competitive Woodland Retail Cannabis License

Retrieved on: 
Wednesday, December 20, 2023
Suite, Cannabis, State, City, News, Heart, National Night Out, Growth, MWG

SACRAMENTO, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - MWG Holdings Group, Inc. (“MWG Holdings” or “MWG”), owner and operator of Perfect Union, California's largest wholly-owned cannabis company and leading purpose-driven, locally-focused cannabis company with award-winning roots in the California medical and recreational markets, announced today the company has won a highly-sought after cannabis retail license in Woodland, California. Perfect Union Woodland is expected to open in Spring 2024.

Key Points: 
  • SACRAMENTO, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - MWG Holdings Group, Inc. (“MWG Holdings” or “MWG”), owner and operator of Perfect Union , California's largest wholly-owned cannabis company and leading purpose-driven, locally-focused cannabis company with award-winning roots in the California medical and recreational markets, announced today the company has won a highly-sought after cannabis retail license in Woodland, California.
  • “We’re joining the Woodland community and are excited to bring our best-selling products, award-winning brands, and community-focused team,” said Tom Sheridan, CEO of MWG Holdings.
  • Upon opening, Perfect Union Woodland will create 15 or more new employment opportunities for the local Woodland area.
  • Woodland is the latest addition as MWG Holdings continues to grow its portfolio of brick-and-mortar locations.

Award-Winning Cannabis Company MWG Holdings Brings New Product Line to California Market: Blazy Gummies

Retrieved on: 
Tuesday, November 21, 2023
BlackBerry, GMO, Sale, Sambucus, Blue Raspberry, MWG, Environment, Drug

SACRAMENTO, CA, Nov. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -  MWG Holdings Group, Inc. (“MWG Holdings” or “MWG”), owner and operator of Perfect Union, California's largest wholly-owned cannabis company and leading purpose-driven, locally-focused cannabis company with award-winning roots in the California medical and recreational markets, announced today the launch of three delicious, cannabis-infused Blazy gummies flavors, now available in Perfect Union stores in California.

Key Points: 
  • Long-Anticipated Gummies Now Available in Flavors Including Boysenberry, Blue Raspberry, and Elderberry
    SACRAMENTO, CA, Nov. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -  MWG Holdings Group, Inc. (“MWG Holdings” or “MWG”), owner and operator of Perfect Union, California's largest wholly-owned cannabis company and leading purpose-driven, locally-focused cannabis company with award-winning roots in the California medical and recreational markets, announced today the launch of three delicious, cannabis-infused Blazy gummies flavors, now available in Perfect Union stores in California.
  • “We’re thrilled to bring our new Blazy Gummies to the Sacramento community with the same award-winning, high quality and incredible flavor that folks can expect from all of our edibles,” said Tom Sheridan, CEO, MWG Holdings.
  • The now thriving cash flow positive cannabis business helmed by Tom Sheridan, MWG, has deep roots in California cannabis as a vertically integrated seed-to-sale cannabis platform bringing high-quality products to market.
  • Based in Sacramento, CA, MWG operates 9 dispensaries across California and a 30,000 square-foot premium indoor cultivation and distribution facility.

Multi Ways Holdings Announces First Half 2023 Unaudited Financial Results, Provides Corporate Updates

Retrieved on: 
Tuesday, October 31, 2023
King Albert Park MRT station, Multi-way bridge, Cross Island MRT line, NYSE, MWG, Cryptocurrency

NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (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 announces first half 2023 unaudited financial results and provides corporate updates.

Key Points: 
  • NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (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 announces first half 2023 unaudited financial results and provides corporate updates.
  • Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways, commented, “In the first half of 2023, we navigated a challenging landscape marked by higher borrowing costs, intensified competition, and shifting buyer preferences.
  • Batam's strategic location provides efficient import and export capabilities, positioning it as an invaluable hub for businesses like Multi Ways, engaged in international trade.
  • Multi Ways will transfer cranes from Singapore to Batam, which, although no longer operational in Singapore, can be repurposed for trading or renting in Batam.

Malone Women’s Golf Teams Up with The MNK Legacy Project for Community Golf Outing

Retrieved on: 
Tuesday, July 25, 2023
Partnership, Life, Friends, Jesus, OH, Golf, Lake High School, MWG, Chick-fil-A, Lunch, Family, Memory, Tourism

HARTVILLE, OH, July 25, 2023 (GLOBE NEWSWIRE) -- The MNK Legacy Project and Malone Women’s Golf (MWG) have announced their first ever collaborative golf outing, the 2023 MWG Sunflower Cup.

Key Points: 
  • HARTVILLE, OH, July 25, 2023 (GLOBE NEWSWIRE) -- The MNK Legacy Project and Malone Women’s Golf (MWG) have announced their first ever collaborative golf outing, the 2023 MWG Sunflower Cup.
  • The event will take place on August 11 at Sable Creek Golf Course, with all proceeds benefiting the two nonprofit organizations.
  • “When you look at the opportunity we have, you realize it has to be bigger than just golf,” says Eddins.
  • “We’re thrilled to be joining the MWG team for our first ever Sunflower Cup,” says MNK Legacy Project Founder Derek Taylor.