Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 24

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 3
Chunk 24
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 regulations and standards are subject to varying interpretations, their application in practice may evolve over time
as new guidance becomes available. This evolution may result in continuing uncertainty regarding compliance matters and additional costs
necessitated by ongoing revisions to our disclosure and governance practices. If we fail to address and comply with these regulations
and any subsequent changes, we may be subject to penalty and our business may be harmed.

Risks
Relating to Doing Business in Singapore

It
may be difficult for you to enforce any judgment obtained in the United States against us, our directors, executive officers or our affiliates.

We
are a company incorporated under the laws of the Cayman Islands. We conduct our operations outside the United States and, except for
certain of our investments, substantially all of our assets are located outside the United States. In addition, all of our directors
and executive officers reside outside the United States. As a result, it may be difficult to enforce in the United States any judgment
obtained in the United States against us or any of these persons, including judgments based upon the civil liability provisions of the
U. S. securities laws. In addition, in original actions brought in courts in jurisdictions located outside the United States, it may be
difficult for investors to enforce liabilities based upon U. S. securities laws.

Even
if you are successful in bringing an action of this kind, the laws of the Cayman Islands, Singapore or other relevant jurisdiction may
render you unable to enforce a judgment against our assets or the assets of our directors and officers. For more information regarding
the relevant laws of the Cayman Islands and Singapore, see “ Enforceability of Civil Liabilities.”

In
addition, holders of book-entry interests in the shares (for example, where such shareholders hold shares indirectly through the DTC)
will be required to be registered shareholders as reflected in our register of members in order to have standing to bring a shareholder
action and, if successful, to enforce a foreign judgment against us, our directors or our executive officers in the Singapore courts.
Any such enforcement action would be subject to applicable Singapore laws. The administrative process of becoming a registered shareholder
could result in delays that could be prejudicial to any legal proceeding or enforcement action. In making a determination as to enforceability
of a judgment of a state court or a federal court of the United States, the Singapore courts would have regard to, among others, whether
the judgment was final and conclusive, given by a court of law of competent jurisdiction