# SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP

> Australian public company

**Wikidata**: [Q109625757](https://www.wikidata.org/wiki/Q109625757)  
**Source**: https://4ort.xyz/entity/shopping-centres-australasia-property-group

## Summary
Shopping Centres Australasia Property Group is an Australian public company listed on the Australian Securities Exchange under the ticker symbol SCP since November 26, 2012. As of November 18, 2021, the company had a market capitalization of approximately $3.13 billion Australian dollars. It operates as a publicly traded entity, meaning its securities are available for purchase by the general public.

## Key Facts
- **Entity Type**: Public company, which means it offers its securities for sale to the general public.
- **Official Name**: SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP.
- **Stock Exchange**: Listed on the Australian Securities Exchange (ASX).
- **Ticker Symbol**: SCP, assigned at the time of listing.
- **Listing Date**: November 26, 2012, when it commenced trading on the ASX.
- **Market Capitalization**: $3,130,744,683 Australian dollars as of November 18, 2021.
- **Geographic Classification**: Australian public company, indicating its primary jurisdiction and market of operation.

## FAQs
**What is Shopping Centres Australasia Property Group?**
Shopping Centres Australasia Property Group is an Australian public company that trades on the Australian Securities Exchange. It is classified as a public company, meaning its ownership is distributed among general public shareholders who can buy and sell its securities.

**Where can I find Shopping Centres Australasia Property Group's shares, and what is its ticker symbol?**
The company's shares are listed and traded on the Australian Securities Exchange (ASX) under the ticker symbol SCP. This listing has been active since November 26, 2012.

**When did Shopping Centres Australasia Property Group become a public company?**
The company commenced its status as a publicly traded entity on November 26, 2012, when it was listed on the Australian Securities Exchange.

**What was the market value of Shopping Centres Australasia Property Group in 2021?**
As of November 18, 2021, Shopping Centres Australasia Property Group had a market capitalization of $3,130,744,683 Australian dollars, reflecting its total market value at that specific point in time.

## Why It Matters
Shopping Centres Australasia Property Group represents a significant entity within the Australian securities market, with a market capitalization exceeding $3.1 billion AUD demonstrating its substantial size and investor interest. Its presence on the Australian Securities Exchange since 2012 provides liquidity and investment opportunities for a broad range of investors, from individuals to institutional funds. As a public company, it operates under stringent regulatory disclosure requirements that promote transparency and protect investors, contributing to the overall integrity of Australia's financial markets. The company's structure allows for distributed public ownership, enabling capital formation from the general populace rather than limited private sources. This model facilitates economic participation and wealth distribution opportunities for everyday Australians while subjecting the company to market discipline and governance standards that benefit the broader investment community.

## Notable For
- **ASX Listing Milestone**: Achieved public listing status on the Australian Securities Exchange on November 26, 2012, marking its transition to a publicly traded entity.
- **Multi-Billion Dollar Valuation**: Maintained a market capitalization of over $3.13 billion Australian dollars as of late 2021, indicating significant enterprise value.
- **Public Company Structure**: Operates as a distinct legal form of organization classified specifically as a public company, not a private enterprise or government agency.
- **Ticker Symbol SCP**: Identified on the Australian Securities Exchange by the unique three-letter ticker code SCP, which serves as its market identifier.
- **Regulated Market Participation**: Subject to ASX listing rules and Australian corporate governance standards applicable to publicly traded companies.

## Body

### Corporate Classification and Legal Structure
Shopping Centres Australasia Property Group is formally classified as a public company, which represents a specific legal form of organization distinct from private companies, partnerships, or government enterprises. This classification means the entity has undergone the regulatory process to offer its securities to the general public. As a public company, its ownership structure is characterized by shares distributed among public shareholders rather than concentrated in private hands. The company's official registered name is SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP, used in all formal corporate filings and registry records. This public company designation places it within a category of joint-stock companies that have met the stringent requirements necessary for public trading on a national securities exchange.

### Securities Exchange Listing and Trading Details
The company's primary market presence is on the Australian Securities Exchange, Australia's primary securities marketplace. Shopping Centres Australasia Property Group has traded on this exchange under the ticker symbol SCP since November 26, 2012. The ticker symbol serves as the company's unique identifier for all trading transactions, price quotations, and market data dissemination. The ASX listing provides a regulated platform where investors can freely buy and sell shares in the company, with pricing determined by market supply and demand. This listing status requires ongoing compliance with ASX continuous disclosure obligations, corporate governance principles, and periodic financial reporting requirements that apply to all publicly traded entities on the exchange.

### Market Valuation Metrics
As of November 18, 2021, Shopping Centres Australasia Property Group's market capitalization was precisely $3,130,744,683 Australian dollars. Market capitalization represents the total value of all outstanding shares at a specific point in time, calculated by multiplying the share price by the number of shares issued. This valuation figure, sourced from official ASX directory data, provides investors with a quantitative measure of the company's size relative to other listed entities. The $3.13 billion valuation positions the company within the mid-to-large capitalization segment of the Australian market. This metric is dynamic and fluctuates with daily trading activity, but the November 18, 2021 figure serves as a documented historical reference point for the company's market value at that specific moment in time.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)