The New Leases Broaden the Company’s Operational Reach to Meet Rising Demand for Equipment Sales and Rentals
SINGAPORE, Feb. 20, 2026 — Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (NYSE American: MWG), a premier provider of extensive heavy construction equipment for sale and lease in Singapore and nearby areas, today announced it has obtained two new industrial facilities from JTC Corporation (“JTC”), substantially increasing the Company’s operational capability to address rising demand for heavy construction equipment throughout Singapore and the wider region.
Pursuant to the new lease agreements with JTC, Multi Ways has acquired two strategic properties totaling roughly 6,453 square meters (69,460 square feet), consisting of a 3,450-square-meter building under a three-year agreement and a 3,003-square-meter area under a one-year contract. These supplementary facilities will considerably bolster the Company’s yard and storage capacity, allowing it to effectively house its growing stock of heavy construction equipment, such as bulldozers, excavators, cranes, wheel loaders, and other specialized machinery.
Securing these extra spaces represents a strategic move to reinforce the Company’s infrastructure and back its growing operations. The three-year lease delivers a stable, long-term operational foundation, while the one-year lease provides added flexibility to handle immediate project-based requirements. Collectively, these facilities will improve Multi Ways’ capacity to effectively stage, refurbish, and deliver equipment to clients in the infrastructure, building construction, mining, offshore and marine, and oil and gas sectors.
Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways, stated: “We are delighted to announce the leasing of two new JTC facilities, which mark a significant milestone in broadening our operational presence in Singapore. As the demand for heavy construction equipment keeps rising—fueled by major infrastructure initiatives and continuous development throughout the region—it is crucial that we maintain the physical infrastructure to serve our customers efficiently. These new facilities will enable us to better oversee our growing equipment inventory, enhance turnaround times, and set the stage for continued growth in the coming periods.”
Mr. Lim added: “Singapore’s construction and infrastructure industries continue to show strength, and we are observing strong demand indicators from both public and private sectors. By taking proactive steps to secure additional space, we are building the essential foundation to seize these opportunities and create value for our shareholders.”
About Multi Ways Holdings Limited
Multi Ways Holdings provides an extensive selection of heavy construction equipment for purchase and lease in Singapore and the neighboring region. With over twenty years of expertise in heavy construction equipment sales and leasing, the Company has established itself as a dependable provider of new and pre-owned heavy construction equipment to clients in Singapore, Australia, the UAE, the Maldives, Indonesia, and the Philippines. With our broad inventory of heavy construction equipment and supporting refurbishment and cleaning services, Multi Ways is ideally situated to serve customers as a comprehensive solution. For further details, visit .
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