Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 270

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 270
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 amount 
             SGD |     |             Net 
 carrying amount 
             USD |
|:-----------------------|:----|:---------|:----|:-----------------|:----|----------------:|:----|:----------|:--|:----|----------------:|:----|----------------:|
| Trade                  
 receivables            |     | II       
 Note 1   |     | Lifetime         
 ECL (Simplified) |     |       1,200,550 |     | (64,190   | ) |     |       1,136,360 |     |         858,926 |
| Contract               
 assets                 |     | II       
 Note 1   |     | Lifetime         
 ECL (Simplified) |     |       2,634,860 |     | (2,582    | ) |     |       2,632,278 |     |       1,989,628 |
| Other                  
 receivables            
 (excluded prepayments) |     | III      
 Note 2   |     | Lifetime         
 ECL (Simplified) |     |       1,079,194 |     | (399,807  | ) |     |         679,387 |     |         513,521 |
| Cash                   
 and cash equivalents   |     | I        
 Note 3   |     | 12-month         
 ECL              |     |       1,285,607 |     | -         |   |     |       1,285,607 |     |         971,736 |
|                        |     |          |     |                  |     |                 |     | (466,579  | ) |     |                 |     |                 |

| F-80 |

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

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

| 24. | Financial                   
 risk management (Continued) |

Credit risk(Continued)

The table below details the credit quality of the Group’s financial assets, as well as maximum exposure to credit risk by credit risk rating categories:(Continued)

| April 30, 2024            |     | Category |     | 12-month                  
 or lifetime ECL           |     |           Gross 
 carrying amount 
             SGD |     | Loss      
 allowance 
 SGD       |   |     |             Net 
 carrying amount