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Multi Ways Holdings Priced, NYSE American: MWG

Singapore-based supplier of heavy construction equipment.

Industry: Industrials

Latest Trade: $0.31 0.00 (0.0%)

First Day Return: +254.8%

Return from IPO: -87.8%

Industry: Industrials

Our Group’s history began in 1988 when Mr. James Lim carried on the business of selling generators and air compressors under a sole proprietorship under the business name “Multi-Ways Equipment”. Multi Ways SG was incorporated in 2002 to take over the business carried on by Mr. James Lim under the sole proprietorship. Over the last two decades, we have become a supplier of a wide range of heavy construction equipment in Singapore and the region. In 1996, we expanded our fleet of heavy construction equipment to include road-building equipment and mining equipment. In 2012, we expanded into the crane trading business. Our mission is to be an industry leader in the sales and rental of a wide range of heavy construction equipment in Singapore and the region, and as a one-stop shop offering complementary equipment refurbishment and cleaning services to our customers. We have been supplying heavy construction equipment and related materials to our customers for over two decades and have accumulated extensive industry experience. We believe our strong industry knowledge, reputation and consistent delivery of quality products and services have contributed to our success over the years.
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IPO Data
IPO File Date 02/08/2023
Offer Price $2.50
Price Range $2.00 - $3.00
Offer Shares (mm) 7.2
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/03/2023
Offer Price $2.50
Price Range $2.00 - $3.00
Offer Shares (mm) 7.2
Deal Size ($mm) $18
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Spartan Capital Securities
Pacific Century Securities
Company Data
Headquarters Singapore
Founded 1988
Employees 86
Website www.multiways.com.sg

Multi Ways Holdings (MWG) Performance