Company: MAGH
Filing Date: 2025-05-28
Form Type: F-1
Source: 0001641172-25-012644
Chunk: 233

Company: Magnitude International Ltd
Filing Date: 2025-05-28
Form: F-1
Chunk 233
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ables (excluded GST payables)      |     | 6,139,682 |     | 3,794,636 |     | 2,782,807 |
| Borrowings                                            |     | 1,380,899 |     | 1,648,029 |     | 1,208,587 |
| Total                                                 
 financial liabilities measured at amortized cost      |     | 7,520,581 |     | 5,442,665 |     | 3,991,394 |

| F-42 |

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

| 25. | Fair                            
 value of assets and liabilities |

Fair value hierarchy

The Group categorises fair value measurements using a fair value hierarchy that is dependent on the valuation inputs used as follows:

| ● | Level                                                                               
 1 – Quoted prices (unadjusted) in active market for identical assets or liabilities 
 that the Group can access at the measurement date,                                  |
| ● | Level                                                                               
 2 – Inputs other than quoted prices included within Level 1 that are observable for 
 the asset or liability, either directly or indirectly, and                          |
| ● | Level                                                                               
 3 – Unobservable inputs for the asset or liability.                                 |

Fair value measurements that use inputs of different hierarchy levels are categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement.

Fair value of financial instruments carried at fair value

The following table shows an analysis of each class of assets measured at fair value at the reporting date:

|                                      |     | Fair value measurement at the reporting date using |                                                           |     |                                                       |     |                     |     |         |     |         |
|                                      |     |                                                    | Quoted prices in active markets for identical instruments |     | Significant observant inputs other than quoted prices |     |         Significant 
 unobservable inputs |     |         |     |         |
|                                      |     |                                                    | -Level 1                                                  |     | -Level 2                                              |     |            -Level 3 |     |   Total |     |   Total |
|                                      |     |                                                    | SGD                                                       |     | SGD                                                   |     |                 SGD |     |     SGD |     |     USD |
| April 30, 2024                       |     |                                                    |                                                           |