# PACIFIC SMILES GROUP LIMITED > Australian public company **Wikidata**: [Q109627100](https://www.wikidata.org/wiki/Q109627100) **Source**: https://4ort.xyz/entity/pacific-smiles-group-limited ## Summary Pacific Smiles Group Limited is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol PSQ. It operates as a joint-stock company, offering its securities to the general public for investment and trading. ## Key Facts - **Public Company Status**: Pacific Smiles Group Limited is classified as a public company, meaning it offers its securities (such as stocks) for sale to the general public. - **Stock Exchange Listing**: The company is listed on the Australian Securities Exchange (ASX) under the ticker symbol **PSQ**, with trading commencing on **November 21, 2014**. - **Market Capitalization**: As of **November 18, 2021**, the company had a market capitalization of **AUD 473,958,356**. - **Legal Structure**: It is a type of joint-stock company, a specific legal form of organization that allows for public ownership and trading of shares. - **Ownership**: Ownership is distributed among public shareholders, who can include individuals, institutional investors, and other entities. - **Regulatory Compliance**: As a public company, it adheres to strict regulatory disclosure and reporting standards, ensuring transparency for investors. ## FAQs **What is Pacific Smiles Group Limited?** Pacific Smiles Group Limited is an Australian public company that offers its securities for sale to the general public. It is listed on the Australian Securities Exchange (ASX) under the ticker symbol PSQ. **When was Pacific Smiles Group Limited listed on the ASX?** The company was listed on the Australian Securities Exchange (ASX) on **November 21, 2014**, under the ticker symbol PSQ. **What is the market capitalization of Pacific Smiles Group Limited?** As of **November 18, 2021**, the company's market capitalization was **AUD 473,958,356**. **How is Pacific Smiles Group Limited different from a private company?** Unlike a private company, Pacific Smiles Group Limited is a public company, meaning its shares are traded on a public market (the ASX), allowing any member of the general public to become a shareholder. **Who owns Pacific Smiles Group Limited?** The company is owned by its shareholders, who can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. ## Why It Matters Pacific Smiles Group Limited plays a significant role in the Australian economy as a publicly traded company, enabling large-scale capital formation and providing investment opportunities for the general public. Its listing on the ASX facilitates liquidity for investors, allowing them to buy and sell shares easily. The company's adherence to regulatory standards ensures transparency and trust, which are crucial for maintaining investor confidence and driving economic growth. ## Notable For - **Public Listing**: Being listed on the Australian Securities Exchange (ASX) under the ticker symbol PSQ, providing public investment opportunities. - **Market Capitalization**: Achieving a market capitalization of **AUD 473,958,356** as of **November 18, 2021**. - **Regulatory Compliance**: Adhering to strict regulatory disclosure and reporting standards, promoting transparency for investors. - **Ownership Structure**: Distributing ownership among public shareholders, allowing for broad investment participation. ## Body ### Definition and Core Characteristics Pacific Smiles Group Limited is defined as a public company, meaning it offers its securities for sale to the general public. This structure allows the company to raise capital from a wide pool of investors, distinguishing it from private companies that raise funds from a smaller, closed group of investors. ### Stock Exchange Listing The company is listed on the Australian Securities Exchange (ASX) under the ticker symbol **PSQ**. Trading of its securities commenced on **November 21, 2014**. This listing provides the company with access to a broader investor base and enhances its ability to raise capital for business expansion and innovation. ### Market Capitalization As of **November 18, 2021**, Pacific Smiles Group Limited had a market capitalization of **AUD 473,958,356**. Market capitalization is a key indicator of the company's size and value in the market, reflecting the total market value of its outstanding shares. ### Ownership and Governance Ownership of Pacific Smiles Group Limited is held by its shareholders, who can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. Governance is typically provided by a board of directors elected by the shareholders, ensuring a separation of ownership and control, which is a classic feature of the corporate structure. ### Regulatory Compliance As a public company, Pacific Smiles Group Limited is subject to strict regulatory disclosure and reporting standards. These regulations ensure transparency and provide investors with the information they need to make informed decisions. Compliance with these standards is crucial for maintaining investor confidence and trust in the company. ### Global Presence and Recognition While Pacific Smiles Group Limited is an Australian company, the concept of a public company is recognized globally. Public companies play a fundamental role in modern capitalism, enabling large-scale capital formation for business expansion, innovation, and infrastructure projects. This structure provides liquidity for investors, allowing them to easily buy and sell ownership stakes, and plays a critical role in the global economy by facilitating investment and driving economic growth. ## References 1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)