Multi Ways Holdings is a Singapore-based dealer and renter of heavy construction equipment. The company buys used equipment — primarily sourced from Japan and the Middle East — refurbishes it at its Singapore workshop, and resells or rents it to contractors and industrial customers. Equipment categories include earth-moving machinery (excavators, bulldozers, wheel loaders), material-handling equipment (crawler and rough terrain cranes, forklifts, boom lifts), road-building machinery, and generators and compressors. Equipment sales are the core business, accounting for roughly three-quarters of revenue, with the remainder split between rentals and complementary services such as maintenance, repair, and transportation. Roughly half of equipment sales are to international customers across Australia, Canada, UAE, Indonesia, and elsewhere. The rental business serves primarily Singapore-based construction contractors, with cranes being a key product — Multi Ways maintains over 30 HDB-registered cranes. The core profit driver in sales is the spread between the purchase price of used equipment and the resale price, net of refurbishment costs. In rental, profitability turns on fleet utilization and rental rates. Multi Ways positions itself as a one-stop shop, arguing that fleet breadth and in-house refurbishment capabilities are key selling points. The company holds an exclusive dealership for Shantui bulldozers in Singapore, and recently expanded into commercial vehicles with an order of Sinotruk cement mixers and tipper trucks.