SINGAPORE, Feb. 12, 2026 — Multi Ways Holdings Limited (NYSE American: MWG) (“MWG” or “we,” “our,” or the “Company”), a leading provider of a broad range of heavy construction equipment for sale and rental in Singapore and the neighboring region, announced today that its board of directors approved a one-for-ten reverse split of its Class A ordinary shares and Class B ordinary shares (the “Reverse Share Split”) on January 30, 2026. The Company’s Class A Ordinary Shares will commence trading on a post-split basis on the NYSE American LLC (“NYSE American”) under the symbol “MWG” and a new CUSIP number – G6362F116, starting February 23, 2026.
Under the Reverse Share Split, every ten (10) issued and outstanding Class A ordinary shares will be consolidated into one (1) Class A ordinary share, and every ten (10) issued and outstanding Class B ordinary shares will be consolidated into one (1) Class B ordinary share, with no action required from shareholders. This reverse split will lead to a proportional increase in the par value, from US$0.00025 per share to US$0.0025 per share, and an adjustment to the Company’s authorized share capital to US$2,500,000, divided into (a) 800,000,000 Class A ordinary shares with a par value of US$0.0025 each, (b) 100,000,000 Class B ordinary shares with a par value of US$0.0025 each, and (c) 1,000,000,000 preferred shares with a par value of US$0.00025 each. Following the Reverse Share Split, the Company anticipates having approximately 4,142,000 Class A ordinary shares and 1,000,000 Class B ordinary shares issued and outstanding. The Reverse Share Split aims to boost the per-share market price of the Company’s Class A ordinary shares, enabling it to retain its NYSE American listing.
No fractional shares will be issued as a result of the Reverse Share Split. Shareholders entitled to a fractional share due to the Reverse Share Split will have their entitlement rounded up to the nearest whole share.
The Reverse Share Split was approved by a vote of the Company’s shareholders at an extraordinary general meeting held on November 26, 2025.
VStock Transfer, LLC, the Company’s transfer agent, will serve as the exchange agent. Adjustments to Class A ordinary shares and Class B ordinary shares represented by physical stock certificates can be made by surrendering the certificate to the transfer agent. For additional details, contact VStock Transfer, LLC at (212) 828-8436.
About Multi Ways Holdings Limited
Multi Ways Holdings offers a wide variety of heavy construction equipment for sale and rental in Singapore and the surrounding region. With over two decades of experience in the heavy construction equipment sales and rental business, the Company has established itself as a trusted supplier of new and used heavy construction equipment to clients in Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines. Equipped with a diverse inventory of heavy construction equipment and supplementary equipment refurbishment and cleaning services, Multi Ways is well-equipped to serve customers as a one-stop provider. For more information, visit .
Forward-Looking Statements
This press release includes forward-looking statements. Additionally, we or our representatives may from time to time make forward-looking statements verbally or in writing. These forward-looking statements are based on our expectations and projections about future events, derived from the information currently available to us. Such statements pertain to future events or our future performance, including: our financial performance and forecasts; our revenue and earnings growth; and our business prospects and opportunities. Forward-looking statements can be identified by their non-historical nature, particularly through terms such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes,” or the negative of these or similar terms. When evaluating these forward-looking statements, consider various factors, including: our capacity to adjust the Company’s direction; our ability to keep up with new technologies and evolving market demands; and the competitive landscape of our industry. These and other factors may cause our actual results to differ significantly from any forward-looking statement. Forward-looking statements are merely predictions. The forward-looking events discussed in this press release and other statements made periodically by us or our representatives may not come to pass, and actual events and results may vary materially, subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, as the forward-looking events discussed here and in other statements by us or our representatives may not occur due to uncertainties and assumptions.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
