# UNITED MALT GROUP LIMITED

> Australian public company

**Wikidata**: [Q109627137](https://www.wikidata.org/wiki/Q109627137)  
**Source**: https://4ort.xyz/entity/united-malt-group-limited

## Summary
UNITED MALT GROUP LIMITED is an Australian public company that trades on the Australian Securities Exchange (ASX) under the ticker symbol UMG. As a publicly traded entity, it offers its securities to the general public and had a reported market capitalization of over 1.2 billion Australian dollars as of November 2021.

## Key Facts
*   **Official Name:** UNITED MALT GROUP LIMITED
*   **Entity Type:** Public company (specifically an Australian public company).
*   **Stock Exchange:** Listed on the Australian Securities Exchange (ASX).
*   **Ticker Symbol:** UMG
*   **Listing Date:** March 24, 2020
*   **Market Capitalization:** 1,214,667,288 Australian dollars (as of November 18, 2021).
*   **Corporate Structure:** A specific type of joint-stock company and legal form of enterprise.

## FAQs
**What is UNITED MALT GROUP LIMITED?**
UNITED MALT GROUP LIMITED is an Australian public company whose shares are traded on the open market. It is listed on the Australian Securities Exchange under the symbol "UMG".

**Is UNITED MALT GROUP LIMITED a public or private company?**
It is a public company. Unlike a private company, its securities are offered to the general public, allowing individuals and institutional investors to become shareholders.

**What is the stock ticker for UNITED MALT GROUP LIMITED?**
The stock ticker for UNITED MALT GROUP LIMITED on the Australian Securities Exchange is UMG.

**What was the market capitalization of UNITED MALT GROUP LIMITED in 2021?**
As of November 18, 2021, the market capitalization was reported to be 1,214,667,288 Australian dollars.

## Why It Matters
As a public company with a market capitalization exceeding one billion Australian dollars, UNITED MALT GROUP LIMITED represents a significant entity within the financial market. The public company structure allows it to raise capital from a wide pool of investors, facilitating business operations and growth. For the broader economy, companies like United Malt provide liquidity for investors and opportunities for wealth creation, while adhering to the strict regulatory disclosure standards required of publicly traded enterprises.

## Notable For
*   Being listed on the Australian Securities Exchange (ASX) with a market valuation of over 1.2 billion AUD.
*   Operating as a publicly traded enterprise, distinct from state-owned public enterprises or private companies.
*   Following the corporate governance model typical of public companies, which separates ownership (shareholders) from control (management/board).

## Body

### Corporate Classification and Structure
UNITED MALT GROUP LIMITED is classified as an Australian public company. In corporate terms, a public company is a form of joint-stock company that offers its securities—such as stock or bonds—to the general public, typically through a stock exchange. This structure is fundamentally different from a private company, as it allows for distributed ownership among general public shareholders rather than a closed group of investors.

### Market Presence and Financials
The company is officially listed on the Australian Securities Exchange. Trading under the ticker symbol **UMG**, the company began its listing on the exchange on **March 24, 2020**.

According to data retrieved on **November 18, 2021**, UNITED MALT GROUP LIMITED possessed a market capitalization of **1,214,667,288 Australian dollars**.

### Governance and Ownership Framework
As a public company, UNITED MALT GROUP LIMITED operates under a governance structure where ownership is held by shareholders who purchase its publicly traded securities. Control of the company is typically vested in a board of directors elected by these shareholders. This structure necessitates adherence to strict regulatory disclosure and reporting standards to ensure transparency for its investors.

## References

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