Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 53

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 53
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,585 |   |     |     |  1,243,073 |   |     |             |  8,157,945 |   |     |     |  6,166,248 |   |
| Indebtedness                                                                                                           |     |                        |            |   |     |     |            |   |     |             |            |   |     |     |            |   |
| Borrowings                                                                                                             |     |                        |  1,414,148 |   |     |     |  1,068,895 |   |     |             |  1,414,148 |   |     |     |  1,068,895 |   |
| Total capitalization                                                                                                   |     |                        |  3,058,733 |   |     |     |  2,311,968 |   |     |             |  9,572,093 |   |     |     |  7,235,143 |   |

| 38 |

Indebtedness

A table describing our indebtedness as of and October 31, 2024 are is as follows:

|                    | Type of Debts |                                         | Securities |         | Terms of   
 Repayments |     | Annual        
 interest rate |   |     |    |           April 
 30, 2024 Actual |     |    |         October 
 31, 2024 Actual |
|:-------------------|:--------------|:----------------------------------------|:-----------|:--------|:-----------|:----|:--------------|:--|:----|:---|----------------:|:----|:---|----------------:|
|                    |               |                                         |            |         |            |     |               |   |     | S$ |                 |     | S$ |                 |
| Bank loans         |               | Personal Guarantee from Mr. Lim Say Wei |            | Monthly |            |     | 2.25% to 7.75 | % |     |    |       1,648,029 |     |    |       1,414,148 |
| Total Indebtedness |               |                                         |            |         |            |     |               |   |     |    |       1,648,029 |     |    |       1,414,148 |

<div align='center'>DILUTION</div>

If you invest in our Ordinary Shares, you will