VOLUNTARY ANNOUNCEMENT: ASTORIA SELLS ITS INTEREST IN CNA HOLDINGS In April 2020, Astoria purchased 70% of CNA Holdings (Pty) Ltd (âCNA Holdingsâ), the stationery and gift retailer. Astoriaâs total investment in CNA Holdings was USD 62 347 (ZAR1.2m) (âthe Investmentâ). This amount was written off immediately, and the Investment was carried at nil value in Astoriaâs financial statements. No further equity or debt funding was provided to CNA Holdings. Astoria has now agreed to sell its 70% shareholding in CNA Holdings to the current management team of CNA for an am...