Company:  TAKUNG ART CO., LTD (TKAT)
Form Type:  3
Filing Date:  7/29/2021 
CIK:  0001491487 
Address:  ROOM 709 TOWER 2, ADMIRALTY CENTRE
18 HARCOURT ROAD, ADMIRALTY
 
City, State, Zip:  HONG KONG,  999077 
Telephone:  852-3158-0977 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$7.58  
Change: 
-0.23 (-2.95%)  
Trade Time: 
03:34 PM EST  
Market Cap: 
$93.98M
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Description of Business
Takung Art Co., Ltd is a holding company that, through Hong Kong Takung Art Company Limited ("Hong Kong Takung") and Takung Cultural Development (Tianjin) Co. Ltd., Hong Kong Takung's wholly-owned subsidiary in China ("Tianjin Takung"), operates an electronic online platform located at http://en.takungae.com/ for artists, art dealers and art investors to offer and trade in ownership units over valuable artwork. On June 19, 2019, Takung Art Co., Ltd purchased from Ms. Ma Hiu Ngai, the Company's shareholder, one (1) ordinary share of Hong Kong MQ Group Limited ("Hong Kong MQ"), constituting 100% of its issued and outstanding shares, for a cash consideration of HK$1.00 and therefore made Hong Kong MQ its wholly-owned subsidiary.
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  FORM 3
    NAME AND TITLE
    NON DERIVATIVE SECURITIES
    DERIVATIVE SECURITIES
    REPORTING OWNERS
    SIGNATURES