MNS 0.00% 4.2¢ magnis energy technologies ltd

A Deeper Dive into Omega Seiki, Sukh Energy and the Indian EV Market (and debunking some stuff), page-27

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    This is how I understand your point and anyone feel free to correct me. The shell company allows for tax breaks where it can reach supply into euro, Africa, India etc. reducing import taxes and allows for any gov benefit schemes. Laymans terms, there is far more to it.
 
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