Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 18

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 3
Chunk 18
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 repay the retained amount
to us may have a material adverse effect on our business, results of operations and financial condition.

We
may implement business strategies and future plans that may not be successful.

The
successful implementation of our business strategies and future plans depends on a number of factors including general market conditions,
government policies, the availability of funds, competition and our ability to retain and recruit competent employees. There is no assurance
that our business strategies and future plans can be implemented effectively and successfully, as some of these factors are beyond our
control. If any implementation of these strategies and plans fails or is delayed, we may be adversely affected by investment expenses
that have not led to the anticipated results, by the distraction of management from our core business or by damage to our brand or reputation.
Additionally, if we fail to secure adequate funds in a timely manner, we may also be unable to pursue opportunities to expand our business.

  10  

Our
current insurance coverage may not sufficiently protect us against all the risks we are exposed to and the insurance premium may increase.

There
can be no assurance that our current insurance will cover all our risks or adequately protect us against all liabilities arising from
claims and litigation against us. We will have to bear any losses, damages or liabilities in the course of our operations arising from
events for which we do not have adequate insurance coverage. Further, the insurance premium payable by us depends on various factors,
including the scope and contract sum of the projects undertaken by us and our insurance claim track record. There is no assurance that
the insurance premium payable by us will not increase or that our insurance coverage will not be reduced in the future. If we were held
liable for uninsured losses, the amounts of claims for insured losses exceed the limits of our insurance coverage or the insurance premium
payable by us increases significantly, our business, results of operations and financial condition may be materially and adversely affected.

If
we are unable to maintain and protect our intellectual property, or if third parties assert that we infringe on their intellectual property
rights, our business could suffer.

Our
business depends, in part, on our ability to identify and protect proprietary information and other intellectual property such as our
customer lists and information and business methods. We rely on a combination of trade secrets, confidentiality policies, non-disclosure
and other contractual arrangements and trademark laws to protect our intellectual property rights. However, we may not adequately protect
these rights, and their disclosure to, or use by, third parties may harm our competitive