KRESTA HOLDINGS LIMITED (ASX.KRS)

Shareholders in this company should consider crystallising a capital loss in 2023/24 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

delisted from the commencement of trading on Wednesday, 16 September 2020, pursuant to Listing rule 17.12.

we understand this company failed and ASX removed the company from listing because its securities have been suspended from trading for a period of two years

Whilst the company has been working to explore avenues for the readmission of its securities, the Board has determined that in the current circumstances, it is better for Kresta to pursue its business and operations as a public unlisted company. The company will be automatically delisted.

The company lodges its Half Year Accounts - KRS 2020.

The company releases the Results of Meeting.

The company issues a response to ASX 3Y Query.

The company will hold its 2020 AGM on Friday, 24 July 2020 at 11:00am (WST) at 380 Victoria Road, Malaga Western Australia 6090.

The company lodged its annual report for the financial year ended 31 December 2019 on 22 May 2020. Key points are as follows: Sales revenue of $44.45 million - $42.32 million PCP (change from 2018); Net loss after tax of $7.54 million - $ 18.37 million PCP (change from 2018); Net Operating cash inflow of $2.10 million - $827k PCP (change from 2018).

Following the finalisation of the audit of the Company's yearend accounts, there are few changes to the financial performance and financial position reported in the Appendix 4E Preliminary Final Report lodged with ASX on 28 February 2020 was identified and the Annual Financial Report lodged on 25 May 2020 has been amended accordingly.

The company releases an Appendix 4G - Corporate Governance Disclosure KRS 2019.

The company lodges its Full Year Statutory Accounts.

The company issues a response to ASX Appendices 3X and 3Z Query.

The company lodges its Half Year Accounts.

The company rereleases its 2019 AGM Results.

The company will temporarily close all stores from Monday 30 March 2020, for an initial period of four weeks until 27 April 2020. The online business operates as usual. Unfortunately, the Company has also made the difficult decision to stand down approximately 130 team members from 30 March 2020. Full time and part time members will have access to their annual leave and long service entitlements, in addition to government assistance measures.

The company releases its 2019 AGM Result 30 March 2020.

The company lodges its KRS Appendix 4E Preliminary final report.

The company releases a notice of AGM. The meeting will be held on 30 March 2020 at 2:00pm (WST) at 380 Victoria Road, Malaga Western Australia 6090.

The company would like to amendthe below error in the 2018 Kresta Financial Statements announced on 20 February 2020: Page 82 signing date of the Auditor Independent Report was incorrectly shown as "the 7th day of January 2021". The correct date is "the 7th day of February 2020".

The company releases its Appendix 4G - Corporate Governance Statement.

Following the finalisation of the audit of the company's year end accounts, there are a few changes to the financial performance and financial position reported in the Appendix 4E Preliminary Final Report odged with ASX on 28 February 2019 was identified and the Annual Financial Report to be lodged today has been amended accordingly.

The company lodges its Annual Report to shareholders.

The company lodges its December 2018 Annual Result.

The company has entered into an agreement with Champ Profit Industrial Limited for the sale of all the shares in its wholly owned subsidiary, Curtain Wonderland. This transaction was completed on 31 December 2019. The sale of Curtain Wonderland will allow the company to focus on its remaining sales, distribution and manufacturing divisions.

On 13 December 2019, the company has entered into a contract with a special purpose vehicle held by Warrington Capital Partners for the sale of its property at 380 Victoria Road Malaga WA. The consideration is AUD$7 million in cash. The settlement occurred on 24 December 2019. The company has entered into a separate leasing agreement with the buyer to lease back the property for approximately 9.5 years until 1 August 2019.

THe company lodges its ASX 30 November 2019 - Financial Reports update.

There will be a further short delay to the finalisation of the audit of its financial reports for the financial year ended 31 December 2018. The company expects its annual financial statements to 31 December 2018 to be approved and issued for release before 30 November 2019. The company's 2019 AGM is anticipated to be held by 30 December 2019. There will also be a delay in the lodgement of the company's financial reports for the financial half-year ended 30 June 2019. It is anticipated to be released by the end of February 2020.

The internal corporate restructure being undertaken by its major shareholder, Van Dairy (Hong Kong) Group Limited, 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.

There will be a further short delay to the finalisation of the audit of its financial reports for the financial year ended 31 December 2018. The company expects its annual financial statements to 31 December 2018 to be approved and issued for release by 31 October 2019. The company's 2019 AGM will be held by 4 December 2019.

There will be a further short delay to the finalisation of the audit of its financial reports for the financial year ended 31 December 2018. As a result of the thorough audit process, the company now expects its annual financial statements to 31 December 2018 to be approved and issued for release by 30 September 2019. It is anticipated that the company's 2019 Annual General Meeting will be held by 4 November 2019.

There will be further short delay to the finalisation of the audit of the company's financial reports for the financial year ended 31 December 2018 due to the recent appointment of the new auditor. The steps taken to ensure the thoroughness of the audit process have caused a further delay. The financial reports are anticipated to be released by 30 August 2019, with the company's 2019 AGM to be held by 30 September 2019.

The internal corporate restructure being undertaken by its major shareholder, Ningbo Xianfeng New Material Company, has been completed with Aplus' 84.35% indirect interest in the company. The company releases a substantial shareholder notice and change of director's interest notice in relation to the above.

There will be a further delay to the finalisation of the audit of its financial reports for the financial year ended 31 December 2018. Becayse of the change in auditor in April, the audit process is taking longer than expected. The financial reports are anticipated to be released by 31 July 2019. The AGM will be held on 31 August 2019.

ASIC has granted the company an extension of time to hold the Company's 2019 Annual General Meeting from 31 May 2019 to 30 June 2019. ASIC has also granted the Company an extension of time to report to members under its annual financial reporting obligations from 30 April 2019 until 31 May 2019.

The company releases the results of its 2019 general meeting. All resolutions were passed by valid proxy votes received.

The company's major shareholder, Ningbo Xianfeng New Material Company, intends to undertake a corporate restructure which includes the transfer of its 84.35% indirect interest in the company to its associate, Van Dairy (Hong Kong) Group Limited, an entity also controlled by Mr. Xianfeng Lu. The Company has been advised that the corporate restructure was approved by the board of directors of Aplus on 15 March 2019 and remains subject to a number of conditions, including the approval of Aplus' shareholders.

The company releases a notice of general meeting and explanatory statement. The meeting will be held on 12 April 2019 at 11.00am (WST) at 380 Victoria Road, Malaga Western Australia 6090.

The company lodges its Preliminary Final Report Year 2018.

The company releases further information on the director appointment.

The Company's shares will remain suspended from quotation until the matters associated with the Company's auditor's disclaimer of conclusion as contained in the Company's Half-Year Financial Report for the year ended 30 June 2018 have been adequately addressed by the Company. In this respect, the Company draws attention to its response to Question 2(e) in the announcement dated 18 January 2019 noting that the Company has reviewed its inventory processes and has identified 4 main areas of improvement and possible solutions for these issues. The Company has implemented these improvements and will continue to actively take steps to ensure sufficient and accurate evidence of inventory recording moving forward. The Company emphasises that it regards the value of the inaccuracies identified with the recording of inventory as immaterial.

The company issues a response to ASX Query.

The securities will continue to remain suspended in accordance with listing rule 17.3 pending the satisfactory response to queries by ASX

The Company announced strategic review completed and implementation of the review outcomes is under way, half-year accounts finalised and lodged, and sales growth plan

An extension of the voluntary suspension is requested pending the results of the strategic review that has not yet concluded. The Company anticipates that the voluntary suspension will remain in place for a further period of 20 days. The Company anticipates that the suspension will end on announcement of the results of its strategic review and the lodgement of its financial accounts.

An extension the voluntary suspension is requested pending the results of the strategic review that was announced on 31 August 2018. The strategic review has not yet concluded. The Company anticipatesthat the voluntary suspension will remain in place for a further period of 45 days. The Company anticipates that the suspension will end on announcement of the results of its strategic review and the lodgement of itsfinancial accounts.

An extension the voluntary suspension is requested pending the results of the strategic review that was announced on 31 August 2018. The strategic review has not yet concluded. The Company anticipatesthat the voluntary suspension will remain in place for a further period of 45 days. The Company anticipates that the suspension will end on announcement of the results of its strategic review and the lodgement of its financial accounts.

The Company anticipates that the voluntary suspension will remain in place for a period of 45 days or when an announcement is made on the results of its strategic review and the lodgement of its financial accounts.

The board has decided to conduct a detailed operational and strategic review which will examine all opportunities available to the Company to restore and maximise shareholder value. The Board expects the strategic review to take approximately 45 days to complete. Following its completion, the company will provide a market update and finalise its interim financial report.

The securities of Kresta Holdings Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of KRS, pending the release of an announcement.

securities reinstated

securities suspended pending release of an announcement

we understand that on or about this date the company made a capital return of 2.5 cents per share

we understand that on or about this date the company consolidated its shares 1 for 3.333

name changed from VA Holdings Limited