Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 45

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 4
Chunk 45
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 of difficulty accurately. This helps us to tackle all the challenges that we may face during
the execution of a project and ensure that we can complete the project based on our customer’s requirements in an efficient manner.
We believe that our experienced management team and team of technical staff as well as our capabilities in the provision of quality,
timely and reliable electrical installation services have helped to build our reputation in the electrical engineering sector of the
construction industry in Singapore.

We
are committed to risk management, health and safety standards, quality assurance and environmental impact control

We
are committed to risk management, health and safety standards, quality assurance and environmental impact control. We have been accredited
with ISO 9001:2015 (quality management), OHSAS 18001 and subsequently ISO 45001:2018 (occupational health and safety) as well as bizSAFE
Level Star certifications. We did not encounter any (i) material work-related incidents; or (ii) severe or fatal accidents, for the fiscal
years ended April 30, 2023,2024 and 2025.

  27  

We
have an experienced and dedicated management team

Our
executive directors and senior management are all very experienced in the provision of electrical installation services in Singapore.
Mr. Lim, our founder, director and chief executive officer, who has over 31 years of experience in the provision of electrical installation
services, was one of the founders of our Group. Mr. Sam, our director and chief operating officer, and our senior management Mr. Sim
and Mr. Loh, have over 23, 19 and 27 years of industry experience, respectively. Except for Mr. Loh & Mr. Sim who rejoined our Group
recently, the other management members joined our Group over 10 years ago on average. As our executive directors and senior management,
they have been instrumental in the growth and development of our Group over our 12 years of operations.

We
have strong and stable relationships with our customers

Since
the inception of our business in 2012, we have developed stable relationships with our major customers in Singapore. Our top five customers
have, on average, more than five years of business relationships with us and our largest customer has worked with us since our founding.
For the fiscal years ended April 30, 2023, 2024 and 2025, our top five customers accounted for approximately 87.9%, 85.5% and 76.7%