Designerex entered administration on 13 March 2025 and was acquired officially on 4 July 2025.

The family who acquired Designerex have committed to pay all lenders who were owed money. The process for payment however rests with the administrator (O’Brien Palmer) who will step through the payment process over the next 6Wks. The administrator will contact you directly to process payment, and if you haven’t heard from them you can contact them on pcocks@obp.com.au

Any lender payments not actioned by O’Brien Palmer in August will be picked up by The Sarai Family directly and processed in September subject to proof of debt being accepted.