Multi Ways Holdings shares rise 10.94% after-hours on $6.4M Sinotruk vehicle purchase and Cycle & Carriage dealership agreement.

Multi Ways Holdings surged 10.94% in after-hours trading following its announcement of a $6.4 million purchase of 62 Sinotruk vehicles and a new dealership agreement with Cycle & Carriage. The transaction, reported 17 days ago, signals expanded distribution capabilities and operational scale, likely boosting investor confidence in the company’s near-term revenue potential. While prior news included delayed filings and capital raises, the recent Sinotruk deal directly addresses business growth through strategic partnerships and asset acquisition, aligning with the post-market rally.