Company: MAGH
Filing Date: 2025-05-28
Form Type: F-1
Source: 0001641172-25-012644
Chunk: 11

Company: Magnitude International Ltd
Filing Date: 2025-05-28
Form: F-1
Chunk 11
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 from the more stringent compensation disclosures required of companies that are neither emerging growth companies nor foreign private issuers.

In addition, as a company incorporated in the Cayman Islands, we are permitted to adopt certain home country practices in relation to corporate governance matters that differ significantly from the corporate governance listing requirements of Nasdaq. These practices may afford less protection to shareholders than they would enjoy if we complied fully with corporate governance listing requirements of Nasdaq. Following this offering, we will rely on home country practice to be exempted from certain of the corporate governance requirements of Nasdaq, such that a majority of the directors on our board are not required to be independent directors.

Controlled Company

Immediately after the completion of this offering, we will be a “controlled company” as defined under Nasdaq corporate governance rules because Mr. Lim, will hold more than 50% of the aggregate voting power of our total issued and outstanding share capital. Therefore, we will be able to rely on exemptions from certain corporate governance rules available to controlled companies. See “Management — Controlled Company Exemptions.”

Market and Industry Data

This prospectus contains estimates and information concerning our industry that are based on industry publications and reports. This information involves a number of assumptions and limitations, and you are cautioned not to place undue reliance on these estimates. We have not independently verified the accuracy or completeness of the data contained in these industry reports. The industry in which we operate is subject to a high degree of uncertainty and risk due to a variety of factors, including those described in the “Risk Factors” section. These and other factors could cause results to differ materially from those expressed in these publications and reports.

Conventions That Apply to This Prospectus

Unless otherwise indicated or the context otherwise requires and for purposes of this prospectus only:

| ● | “Ordinary                                                                                       
 Shares” means to our ordinary shares, par value US$0.000025 per share;                          |
| ● | “IFRS”                                                                                          
 means International Financial Reporting Standards;                                              |
| ● | “Public                                                                                         
 Offering Prospectus” means this prospectus, to be used for the initial public offering          
 of 2,200,000 Ordinary Shares through the underwriter named in the Underwriting section          
 of this prospectus, of which 1,650,000 Ordinary Shares are offered by us and 550,000            
 Ordinary Shares are being offered by the Selling Shareholder.                                   |
| ● | “Resale Prospectus” means a prospectus to be used                                               
 for the potential resale by the