Wood One International Limited agreed to acquire 50% in PT Interkreasi Indonesia from PT Integra Indocabinet on July 29, 2015. Interkreasi Indonesia will change its name to PT Woodone Integra Indonesia or Integra Woodone Indonesia whichever name is approved by the Department of Justice and Human Rights. The tentative date of conclusion of joint venture agreement is middle of August 2015. The acquisition is expected to be completed by September 15, 2015.
Wood One International Limited cancelled the acquisition of 50% stake in PT Interkreasi Indonesia from PT Integra Indocabinet on July 29, 2016.