Kresta : Restructure by Major Shareholder 28 Oct 2019

28 October 2019

ASX ANNOUNCEMENT

Restructure by Major Shareholder

Further to the announcement dated 24 June 2019, Kresta Holdings Limited (Company) has been notified that the internal corporate restructure being undertaken by its major shareholder, Van Dairy (Hong Kong) Group Limited (VDHK) has been completed, with VDHK' 84.35% direct interest having been transferred to its associate, Dream Curtain Holdings Co., Limited, an entity also controlled by Mr Xianfeng Lu.

As a result of the internal corporate restructure of the entities controlled by Mr Xianfeng Lu, the Company attaches the substantial shareholder notice and change of director's interest notice provided to it.

For further information please contact:

Xianfeng Lu

Chairman

Kresta Holdings Limited

T: 08 9249 0789

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

ToCompany Name/Scheme	Kresta Holdings Limited
ACN/ARSN	008 675 803
1. Details of substantial holder (1)
Name	Dream Curtain Holdings Co., Limited (DCH), Van Dairy(Hong Kong)Group
Limited (VDHK), Mr Lu Xianfeng
ACN/ARSN (if applicable)	N/A

There was a change in the interests of the substantial holder on

The previous notice was given to the company on

The previous notice was dated

2. Previous and present voting power

23/10/2019

20/06/2019

20/06/2019

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary fully paid	126,741,799	84.35%	124,741,799	84.35%
shares

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

	Date of	Person whose	Nature of change (6)	Consideration given	Class and number	Person's votes
	change	relevant interest		in relation to change	of securities	affected
		changed		(7)	affected
			DCH became the
			registered
			holder of
			shares in
			which it
			already had a
			relevant
			interest that
			were
			transferred to		126,741,799
			it from
	23/10/2019	DCH and VDHK	1 Chinese Yuan	ordinary	126,741,799
	VDHK as part
				shares
			of an internal
			corporate
			restructure of
			the entities
			under the
			control of Mr
			Lu Xianfeng,
			who maintains
			the same
			relevant

604 Page 2 of 3 15 July 2001

interest in the shares. VDHK retains its relevant interest in the shares due to it being an associate of DCH by virtue of both entities

all being under the control of Mr Lu Xianfeng.

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered holder	Person entitled to be	Nature of relevant	Class and number	Person's votes
relevant	of securities	registered as holder	interest (6)	of securities
interest		(8)
			Relevant
			interest under
			section
			608(1)(a) of
			the	126,741,799
			Corporations
DCH	DCH	DCH	ordinary	126,741,799
Act
			shares
			2001 (Cth)
			(Act) as the
			registered
			holder of the
			shares.
			Relevant
			interest under
			section
Ningbo			608(3)(b) of
Xianfeng			the Act by	126,741,799
Investment	DCH	DCH	having control	ordinary	126,741,799
Limited			over DCH,	shares
(NXIL)			holding 100%
			of the
			shares on
			issue.
			Relevant
			interest under
			section	126,741,799
Mr Lu			608(1) or
DCH	DCH	ordinary	126,741,799
Xianfeng	608(3) of the
		shares
			Act by having
			control over
			DCH.

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

	Name and ACN/ARSN (if applicable)	Nature of association
	N/A	N/A

604 Page 3 of 3 15 July 2001

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
DCH	Unit 1402A 14/F, The Belgian Bank Building, Nos. 721-725
	Nathan Road, Mongkok, Kowloon, Hong Kong
NXIL	Shanxia Village, Jishigang Town, Haishu District, Ningbo,
	Zhejiang, China
Mr Lu Xianfeng	Shanxia Village, Jishigang Town, Haishu District, Ningbo,
Zhejiang, China

Signature

print name	Mr Lu Xianfeng	capacity	Director
sign here
	date	28/10/2019

DIRECTIONS

1. If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
2. See the definition of "associate" in section 9 of the Corporations Act 2001.
3. See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
4. The voting shares of a company constitute one class unless divided into separate classes.
5. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
6. Include details of:
7. 1. any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
   2. any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

1. Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
2. If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
3. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Kresta Holdings Limited
ABN	26 008 675 803

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Xianfeng Lu
Date of last notice	24 June 2019

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest	Indirect interest in Shares held by Dream
(including registered holder)	Curtain Holdings Co., Limited.
Note: Provide details of the circumstances giving rise to the relevant	Mr Xianfeng Lu is a director of Dream Curtain
interest.	Holdings Co., Limited and indirectly holds the
	shares in Dream Curtain Holdings Co.,
	Limited following the internal corporate
	restructure as detailed below.
Date of change	23 October 2019
No. of securities held prior to change	126,741,799 Shares
Class	Ordinary fully paid shares
Number acquired	Nil
Number disposed	Nil
Value/Consideration	1 Yuan
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	126,741,799

+ See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back

Off- Market transfer of shares from the previous registered holder of the shares, Van Dairy (Hong Kong) Group Limited, which is wholly owned subsidiary of Ningbo Xianfeng Hongye Investment Limited which Mr

Xianfeng Lu controls and is the Director of. There has been no net change to the relevant interests in the shares of Kresta Holdings Limited.

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract

N/A

Nature of interest

Name of registered holder (if issued securities)

Date of change

No. and class of securities to which interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

Part 3 - +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?

If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011