Multi Ways Holdings Announces Sale of Twenty-Three SANY Cranes Totaling Over US$6.6 Million
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Multi Ways Holdings Limited (NYSE American: MWG) announced the sale of 23 SANY cranes, generating over US$6.6 million in revenue. This deal strengthens their partnership with SANY, a major player in the machinery manufacturing industry.
January 08, 2025 | 1:45 pm
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Multi Ways Holdings Limited reported the sale of 23 SANY cranes, resulting in over US$6.6 million in revenue. This sale highlights the company's strong partnership with SANY and its position in the heavy construction equipment market.
The sale of 23 SANY cranes for over US$6.6 million is a significant revenue event for Multi Ways Holdings. It underscores the company's successful partnership with SANY and its strong presence in the heavy construction equipment market. This positive development is likely to boost investor confidence and potentially lead to a short-term increase in MWG's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100