Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 81

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 5
Chunk 81
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 financial liabilities as of the date indicated based on contractual
undiscounted repayments obligations:

                                                        Carrying value                     Contractual cash flows                                                            
                                                        SGD                                SGD                                                                               
  April 30, 2024                                                                                                                                                             
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Trade and other payables (excluded GST payables)                          3,794,636                                  3,794,636      3,794,636              -            -  
  Borrowings:                                                                                                                                                                
  - Term loan, secured                                                      1,119,444                                  1,296,415        467,686        524,950      303,779  
  - Lease liabilities                                                         528,585                                    652,717         31,906        127,623      493,188  
                                                                            1,648,029                                  1,949,132        499,592        652,573      796,967  
  Total                                                                     5,442,665                                  5,743,768      4,294,228        652,573      796,967  
  April 30, 2025                                                                                                                                                             
  Trade and other payables (excluded GST payables)                          5,248,011                                  5,248,011      5,248,011              -            -  
  Borrowings                                                                                                                                                                 
  - Term loan, secured                                                      1,827,409                                  2,107,168        580,152      1,273,396      253,620  
  - Lease liabilities                                                         509,455                                    657,119         33,904        134,964      488,251  
                                                                            2,336,864                                  2,764,287        614,056      1,408,360      741,871  
  Total                                                                     7,584,875                                  8,012,298      5,862,067      1,408,360      741,871  

  50  

We
believe that we have sufficient working capital to meet our requirements for at least the next 12 months from the date of this annual report,
absent unforeseen circumstances, taking into account the financial resources presently available to us, including cash and cash equivalents
on hand, cash flows from our operations and the estimated net proceeds from the offering.

Bank