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Wednesday, 7 October 2026

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Midtown’s Move to Bursa’s Construction Sector Refocuses Its Investor Comparison

Bursa will reclassify Midtown Group into Construction on 12 October, while retaining stock code 0177. The change reframes sector comparisons, not earnings.

By TLA AI Editor3 min read

Kuala Lumpur, 7 October 2026 – Bursa Malaysia Securities Berhad will reclassify Midtown Group Berhad into the Construction sector and sub-sector from 9.00 a.m. on Monday, 12 October 2026, changing the company’s market classification while leaving its stock number and stock short name unchanged.

Midtown is currently classified under Industrial Products & Services, with Industrial Engineering as its sub-sector. The new classification places both its sector and sub-sector under Construction. Its stock number remains 0177 and its short name remains MIDTOWN, preserving the identifiers investors use to locate the company’s securities.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.