Company: MAGH
Filing Date: 2025-02-24
Form Type: DRS/A
Source: 0001493152-25-008050
Chunk: 260

Company: Magnitude International Ltd
Filing Date: 2025-02-24
Form: DRS/A
Chunk 260
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 | SGD612,000         |     | August     
 2044       |     | At the bank’s prevailing CPL Board 
 Rate with monthly rests            |     |  21,058 |     |     497,033 |     | 518,091 |     | 391,603 |

| (c) | Amounts                                         
 relating to leases recognized in profit or loss |

|                                       |     |     October 
 31,    2023 |     |     October 
 31,    2024 |     |     October 
 31,    2024 |
|:--------------------------------------|:----|------------:|:----|------------:|:----|------------:|
|                                       |     |         SGD |     |         SGD |     |         USD |
| Expense relating to short-term leases |     |           - |     |      85,860 |     |      64,898 |
| Depreciation of leasehold             
 property                              
 and motor vehicles                    |     |      19,143 |     |      16,404 |     |      12,399 |
| Interest expense on lease liabilities |     |       5,855 |     |       5,637 |     |       4,261 |
|                                       |     |      24,998 |     |     107,901 |     |      81,558 |

| (d) | Total         
 cash outflows |

For the six months ended October 31, 2023 and 2024, the Group had total cash outflows for leases of SGD12,453 and SGD101,991 respectively.

| F-73 |

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

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

| 13. | Deferred        
 tax liabilities |

Movements in deferred tax liabilities during the financial year/period were as follows:

|                                               |     |          At 
 May 1, 2023 |     | Recognized        
 in profit or loss |   |     |                   At 
 May 1, 2024/   April 
             30, 2024 |     |        Recognized 
 in profit or loss |     |               At 
 October 31, 2024 |     |               At 
 October 31, 2024 |
|:----------------------------------------------|:----|------------:|: