24 June 2019

ASX ANNOUNCEMENT

Restructure by Major Shareholder

Further to the announcement dated 21 March 2019, Kresta Holdings Limited (Company) has been notified that the internal corporate restructure being undertaken by its major shareholder, Ningbo Xianfeng New Material Company (Aplus) has been completed, with Aplus' 84.35% indirect interest in the Company (previously held by its wholly owned subsidiary, Suntarget (Hong Kong) Trading Co., Limited having been transferred to its associate, Van Dairy (Hong Kong) Group 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 2/2

15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

ToCompany Name/Scheme

ACN/ARSN

1. Details of substantial holder (1)

Name

ACN/ARSN (if applicable)

Kresta Holdings Limited

008 675 803

Ningbo Xianfeng New Material Co., Ltd (Aplus), Van Dairy (Hong Kong) Group Limited (VDHK), Mr Lu Xianfeng and the other entities listed in item 4 below

N/A

There was a change in the interests of the

substantial holder on

20/06/2019

The previous notice was given to the company on

13/01/2015

The previous notice was dated

13/01/2015

2. Previous and present voting power

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 shares

126,741,799

84.35%

126,741,799

84.35%

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:

Person whose

Consideration

Class and

Date of

Nature of

number of

Person's votes

relevant interest

given in relation to

change

change (6)

securities

affected

changed

change (7)

affected

VDHK became the registered holder of

shares in which it already had a relevant

interest that were transferred to it from

Suntarget as part of an internal corporate

restructure of the entities under the

VDHK and Suntarget

control of Mr Lu Xianfeng, who maintains

126,741,799

20/06/2019

(Hong Kong) Trading Co

the same relevant interest in the shares.

1 Chinese Yuan

126,741,799

ordinary shares

Limited (Suntarget)

Suntarget retains its relevant interest in

the shares due to it being an associate of

VDHK by virtue of both entities and Aplus

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

Person entitled

to be

Nature of

Class and

relevant

holder

of

registered as

holder

relevant

number of

Person's votes

interest

securities

(8)

interest (6)

securities

Relevant interest under section

VDHK

VDHK

VDHK

608(1)(a) of the Corporations Act

126,741,799

126,741,799

2001 (Cth) (Act) as the registered

ordinary shares

holder of the shares.

Relevant interest under section

Ningbo Kaixin

Investment

VDHK

VDHK

608(3)(b) of the Act by having control

126,741,799

126,741,799

Limited (NKIL)

over VDHK, holding 100% of the

ordinary shares

shares on issue.

Relevant interest under section

Ningbo Xianfeng

VDHK

VDHK

608(3)(b) of the Act by having control

126,741,799

126,741,799

Investment Limited (NXIL)

over NKIL, holding 100% of the

ordinary shares

shares on issue.

Relevant interest under section

Mr Lu Xianfeng

VDHK

VDHK

608(1) or 608(3) of the Act by having

126,741,799

126,741,799

control over VDHK.

ordinary shares

Relevant interest under section

Aplus

VDHK

VDHK

608(3)(a) or 608(3)(b) of the Act as a

126,741,799

126,741,799

result of having voting power in

ordinary shares

VDHK that is above 20%.

Relevant interest under section

Suntarget

VDHK

VDHK

608(3)(a) or 608(3)(b) of the Act as a

126,741,799

126,741,799

result of having voting power in

ordinary shares

VDHK that is above 20%.

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

Nature of association

applicable)

N/A

N/A

6. Addresses

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

Name

Address

VDHK

Room 2105, NB2818, Trend Centre, 29-31 Cheung Lee Street, Chai Wan, Hong Kong

NKIL

Shanxia Village, Jishigang Town, Haishu District, Ningbo, Zhejiang, China

NXIL

Shanxia Village, Jishigang Town, Haishu District, Ningbo, Zhejiang, China

Mr Lu Xianfeng

Shanxia Village, Jishigang Town, Haishu District, Ningbo, Zhejiang, China

APLUS

Shanxia Village, Jishigang Town, Haishu District, Ningbo, Zhejiang, China

Signature

print name Mr Lu Xianfeng

capacity

Director

sign here

date

24/06/2019

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:
  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 on 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

13 January 2015

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 Van Dairy

(including registered holder)

(Hong Kong) Group Limited. Mr Xianfeng Lu

Note: Provide details of the circumstances giving rise to the relevant

is a director of Van Dairy (Hong Kong) Group

interest.

Limited and indirectly holds the shares in

Van Dairy (Hong Kong) Group Limited

following the internal corporate restructure

as detailed below.

Date of change

20 June 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

Off-Market Transfer of shares from the

Example: on-market trade, off-market trade, exercise of options,

previous registered holder of the shares,

issue of securities under dividend reinvestment plan, participation in

Suntarget (Hong Kong) Trading Co Limited,

buy-back

which is a wholly owned subsidiary of Ningbo

Xianfeng New Material Co., Ltd which Mr

Xianfeng Lu controls and is the Executive

Chairman of.

There has been no net change to the relevant

interests in the shares in 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

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Kresta Holdings Limited published this content on 02 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2019 08:12:12 UTC