Company: MAGH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001641172-25-014489
Chunk: 282

Company: Magnitude International Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 282
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-interest bearing and repayable on demand.

Compensation of key management personnel

Key management personnel are those persons having the authority and responsibility for planning, directing and controlling the activities of the Group, directly or indirectly, including any directors (whether executive or otherwise) of the Group.

|                            |     | Six months ended October 31, |         |     |        |     |        |
|                            |     |                              |    2023 |     |   2024 |     |   2024 |
|                            |     |                              |     SGD |     |    SGD |     |    USD |
| Salaries and related costs |     |                              |  90,000 |     | 27,000 |     | 20,408 |
| Defined contribution plan  |     |                              |  12,477 |     |  4,590 |     |  3,469 |
|                            |     |                              | 102,477 |     | 31,590 |     | 23,877 |

| 23. | Segment   
 reporting |

Operating segments are identified on the basis of internal reports about components of the Group that are regularly reviewed by the CEO (“Chief Executive Officer”) for the purpose of resource allocation and performance assessment. Segment results, assets and liabilities include items directly attributable to a segment as well as those that can be allocated on a reasonable basis.

The Group operates in a single business segment which is the provision of electrical installation and licensing services for greenfield, brownfield and ad hoc electrical installation projects. No operating segments have been aggregated to form the following reportable operating segment.

The Group’s non-current assets are based in Singapore.

The Group’s revenue is derived from Singapore.

Information about major customers

The following table sets forth a summary of single customers who represent 10% or more of the Group’s revenue:

|            |     |      April 
  30,  2024 |     |   October 
 31,  2024 |     |   October 
 31,  2024 |
|:-----------|:----|-----------:|:----|----------:|:----|----------:|
|            |     |        SGD |     |       SGD |     |       USD |
| Customer A |     | 12,637,595 |     | 2,365,856 |     | 1,788,251 |
| Customer B |     |  4,759,149 |     | 2,