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Optimus Group (9268) · InitiativeFirst stated

Termination of the capital and business alliance with OzCar and transition to voluntary administration

First written in FY2027-H1. . Latest entry: FY2027-H1.

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Termination of the OzCar Capital and Business Alliance and Transition to Voluntary AdministrationA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2027-H1First statedAnnual report

    「Regarding OzCar, an equity-method affiliate in which Optimus Group Australia Pty Ltd, a consolidated subsidiary of the company, holds 30% of the voting rights, the company decided at a Board of Directors meeting held on 7 October 2026 to transition OzCar, under the group's leadership, to Voluntary Administration under Australia's Corporations Act 2001. A voluntary administrator was appointed on 8 October 2026, and the VA commenced.」

    After deciding in May 2026 to terminate the capital and business alliance with OzCar, in which the company holds 30% of the voting rights, and withdraw from the business, the company transitioned OzCar to voluntary administration led by the group on 8 October 2026, with the aim of limiting additional cash outflows, preserving assets and maximizing the recovery of loans, investments and other funding.
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Termination of the capital and business alliance with OzCar and transition to voluntary administration | OPTIMUS GROUP COMPANY LIMITED (9268) | Komori