Company: MAGH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001641172-25-014489
Chunk: 281

Company: Magnitude International Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 281
---
sidiary (between BNL           
 and Herlin)                       |     |                          |            |   |     |          |   |     |         |   |
| Revenue from electrical works and 
 installation                      
 services                          |     |                          |  3,600,208 |   |     |  101,168 |   |     |  76,469 |   |
| Subcontractors’ costs             |     |                          | (2,539,349 | ) |     | (101,168 | ) |     | (76,469 | ) |
| Purchases                         |     |                          |      1,100 |   |     |        - |   |     |       - |   |
| Rental charged                    |     |                          |          - |   |     |    6,000 |   |     |   4,535 |   |

| F-77 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

NOTES TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

| 22. | Significant                                         
 related party transactions and balances (Continued) |

Balances with related parties

|                       |     |     April 
 30,  2024 |     |   October 
 31,  2024 |     |   October 
 31,  2024 |
|:----------------------|:----|----------:|:----|----------:|:----|----------:|
|                       |     |       SGD |     |       SGD |     |       USD |
| Non-trade receivables |     |           |     |           |     |           |
| Shareholders(1)       |     |    85,443 |     |    82,899 |     |    62,660 |
| Director              |     |         - |     |    60,000 |     |    45,351 |
| Non-trade payables    |     |           |     |           |     |           |
| Director(2)           |     |    55,899 |     |     6,305 |     |     4,766 |

(1)Other receivable from shareholders and a director are non-trade in nature, unsecured, non-interest bearing and repayable on demand.

(2)The amount due to a director is non-trade in nature, unsecured, non