Company: MAGH
Filing Date: 2025-06-10
Form Type: CORRESP
Source: 0001641172-25-014488
Chunk: 1

Company: Magnitude International Ltd
Filing Date: 2025-06-10
Form: CORRESP
Chunk 1
---
 primary offering and is appropriately characterized as a secondary offering that is eligible to be made under Securities Act Rule 415(a)(1)(i). The Company has reviewed the guidance set forth in Securities Act Rules, Compliance and Disclosure Interpretations, question 612.09 (“ CD&I; 612.09”) that identified six factors to be considered in determining whether a purported secondary offering is really a primary offering. Set forth below is a brief description of the background of the underlying transactions and an analysis of the six factors described in CD&I; 612.09.

Concord & Sage PC. Email:

1360 Valley Vista Dr, Suite 140, Diamond Bar CA 91765

As
background, the Company was incorporated in the Cayman Islands on October 25, 2024 under the Cayman Islands Companies Act as an exempted
company with limited liability. Following its incorporation, the initial share was held by Mr. Lim Say Wei (our director and indirect
controlling shareholder) who subsequently transferred the initial share to his wholly owned company XJL International Limited (“XJL”).
On December 27, 2024, XJL, Beyond Merchant Limited (“Beyond Merchant”), Keystone Builders Group Limited (“Keystone Builders”), Kingkey Holdings (International) Limited (“Kingkey”), Canningale Investments Limited (“Canningale”),
and SwiftBuild Solutions Group Limited (“SwiftBuild”) subscribed for 762,998 ordinary shares; 49,000 ordinary shares;
49,000 ordinary shares; 45,000 ordinary shares; 45,000 ordinary shares; and 49,000 ordinary shares of the Company for US$15,260; US$9,800;
US$9,800; US$9,000; US$9,000 and US$9,800 in cash, respectively. On January, 10, 2025, XJL transferred 2.7% and 3.0% of the issued share
capital of the Company to Ms. Cheng Sze Man (“Ms. Cheng”) and Mr. Chi Wai Ming Raymond (“Mr. Chi”)
for cash at par. On February 20, 2025, XJL transferred 3.4% of the issued share capital of the Company to Mr Choo Kay Chon (“Mr. Choo”) for US$18,000. The Company completed a reorganization on March 19, 2025 whereby the entire share capital of Herlin
Pte. Ltd. (“