Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 280

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 280
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 unaudited pro forma condensed combined financial information as being indicative of the historical financial position and results that would have been achieved should the events happen during the historical period.

As the dividends declared subsequent to April 30, 2024, totaling SGD 1,600,000, do not exceed the net income for the fiscal year ended April 30, 2024, which amounted to SGD 2,007,469, the dividends are not deemed to be paid from the offering proceeds. Accordingly, the preexisting weighted average number of ordinary shares used in computing basic and diluted earnings is not adjusted.

The capitalization table as of October 31, 2024 is presented on an actual basis and on an as adjusted basis to reflect the issuance and sale of the Ordinary Shares by us in this offering at the initial public offering price of US$4 per Ordinary Share, the mid-point of the estimated initial public offering price range set forth on the cover page of this prospectus, after deducting the estimated discounts, non-accountable expense allowance and the estimated offering expenses payable by us.

| F-87 |

<div align='center'>PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

AS OF APRIL 30, 2024
(UNAUDITED)</div>

|                                                       |     |  (A) April 
  30,  2024 |   |     | Transaction 
  Accounting 
 Adjustments |   |     |   Note |     |  Pro Forma |   |
|:------------------------------------------------------|:----|-----------:|:--|:----|------------:|:--|:----|-------:|:----|-----------:|:--|
|                                                       |     |        SGD |   |     |         SGD |   |     |        |     |        SGD |   |
| ASSETS                                                |     |            |   |     |             |   |     |        |     |            |   |
| Non-current assets                                    |     |            |   |     |             |   |     |        |     |            |   |
| Property, plant and equipment                         |     |    673,135 |   |     |             |   |     |        |     |    673,135 |   |
| Financial assets at fair value through profit or loss |     |    439,817 |   |     |             |   |     |        |     |    439,817 |   |