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  5. MG: Will Japanese component maker Asahi Kasei is set to announce the construction of a new battery-related plant near Niagara today likely to impact Magna negatively ? [Magna International Inc.]

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Q: Will Japanese component maker Asahi Kasei is set to announce the construction of a new battery-related plant near Niagara today likely to impact Magna negatively ?
Asked by Stephen on May 16, 2024
5i Research Answer:
We do not think so, and MG has risen for four straight trading days. 
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