Adon K.K. and Noda Corporation (TSE:7879) agreed to acquire remaining 50.42% stake in Pt. Sura Indah Wood Industries for IDR 90 billion on January 5, 2018. Pre deal, Noda Corporation held 2975 units and will acquire additional 2965 units, while Adon K.K. did not have any stake and will acquire 60 units of Pt. Sura Indah Wood Industries. The deal is expected to close in late March 2018.