Dec 20 (Reuters) - Kresta Holdings Ltd KRS.AX :
* COMPANY WILL EVALUATE FEASIBILITY OF RATIONALISING ITS RETAIL FOOTPRINT AND CLOSING LOSS-MAKING STORES
* ANTICIPATES ACTION MAY RESULT IN A REDUCTION OF ITS RETAIL STORE FOOTPRINT BY ABOUT 10 TO 15 PERCENT
* HAS IDENTIFIED NEED TO EXPAND SALES FORCE FOR CUSTOM MADE WINDOW TREATMENT BUSINESS SECTOR
* SUNTARGET AND APLUS HAVE EACH TO ADVANCE SUBORDINATED, UNSECURED, INTEREST-FREE LOAN TO CO OF UP TO $10 MILLION
* RESTRUCTURING INITIATIVES WILL DRIVE AN INCREASE IN REVENUE OF $3 MILLION TO $4 MILLION IN NEXT 12 MONTHS
* EFFICIENCIES WILL BE OBTAINED THROUGH LEASING UNDERUTILISED FACILITIES, WITH EXPECTED RENTAL INCOME OF $1.1 MILLION TO $1.3 MILLION/ANNUM