Company: MAGH
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001641172-25-020173
Chunk: 102

Company: Magnitude International Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 102
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 awareness and evaluating our statutory   
 compliance on site, including conducting weekly and monthly toolbox meetings with project  
 supervisors and general workers onsite to discuss project specific safety matters, such as 
 safe work practices and worksite risks.                                                    |

The handover to the designated project team is normally done over two kick-off meetings. The first kick-off meeting, which is normally held within a few days after the award of project, will be attended by the tender team and the designated project team under the supervision of the CEO and the COO. In this meeting, the tender team will hand over the relevant documents to the designated project team and brief them on the scope of work required, construction phases, contract period, budget and cost structure and any other special requirements of the project.

The second kick-off meeting, which is normally held within two weeks after the first kick-off meeting, will be attended by members of the designated project team and representatives from the purchasing department, the accounts and administration department and the contract department, under the supervision of the CEO and the COO. In this meeting, the designated project team will perform value engineering to identify ways to achieve the project scope at the lowest possible costs. After that, our contract department will enter details of the project into our enterprise resource planning system, which set down the approval required for different types of project expenses and the system for budget control and facilitate us to track real-time project costs.

Preparation of work plan

After the second kick-off meeting, the designated project team will evaluate and confirm the feasibility and profitability of the project, and achieve a common understanding on the project scope and estimated profit. They will also review and fine tune the electrical system design and project specifications received from our customer and formulate detailed electrical system installation design and work programs that include working drawings and detailed particulars of materials and/or equipment to be used in the project and submit the same to our customer or its consultant team for approval. Our project team will also prepare and submit a master program for the project setting out key milestone dates (e.g. commencement date and date of practical completion) to our customer or its consultant team for approval. The master program is reviewed and updated regularly during project implementation.

Procurement

Our purchasing department is in charge of procurement for project execution, and they are also responsible for budget and supplier management to ensure that the project will meet contract specifications and schedule within the limit of the agreed budget.

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We are responsible for completing material and/or equipment planning at the commencement of a project to ensure the materials and/or equipment are delivered ahead