multi ways holdings ltd shares more than doubled to 670 in the first day of trading on the nyse american the supplier of heavy construction equipment for sales and rental in singapore early monday priced its initial public offering of 724 million ordinary shares at a public offering price of 250 a share the stock opened up trading at 305 and traded as high as 675 monday multi ways is offering 6 million ordinary shares and a certain selling shareholder is offering 12 million shares the offering is expected to close on or about wednesday