Multi Ways Holdings Receives Notification of Deficiency from NYSE Related to Delayed Filing of Annual Report on Form 20-F

SINGAPORE, May 23, 2025 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways”, the “Company” or the “Issuer”) (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 announced the receipt of notification (the “Filing Deficiency Notification”) from New York Stock Exchange Regulation (“NYSE Regulation”) on May 16, 2025, indicating that, as a result of not having timely filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 (the “2024 Form 20-F”, or the “Delinquent Report”) with the U.S. Securities and Exchange Commission (the “SEC”) (the “Filing Delinquency”), the Company is not in compliance with NYSE American LLC (“NYSE American”, or the “Exchange”) continued listing standards. As a result, the Company is now subject to the procedures and requirements set forth in Section 1007 of the NYSE American Company Guide (the “Company Guide”).