Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 64

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 4
Chunk 64
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 registration of the following trademark:

in
Singapore and we had registered the domain name www. bnlengrg. com.

Insurance

We
maintain property and equipment insurance policies covering our facilities and equipment in accordance with customary industry practice.
We carry contractor public liability, occupational injury and medical insurance for our employees in compliance with applicable regulations.
We do not carry general business interruption insurance. We have purchased two key man life insurance policies naming Mr. Lim (CEO) as
the insured life to protect the Group and subsidiaries from potential financial impact associated with the loss of Mr. Lim’s services,
although such policies may be insufficient to cover us for the damage resulting from any such loss. We will continue to review and assess
our risk portfolio and make necessary and appropriate adjustments to our insurance practices to align with our needs and the industry
practices in Singapore and the markets which we may operate in the future.

  40  

Litigation
and Other Legal Proceedings

At
the date of this Annual Report, we are not party to any claim, litigation or arbitration of material importance and there was no claim,
litigation or arbitration of material importance known to our directors to be pending or threatened against us which could have a material
adverse effect on our business, results of operations or financial conditions.

ITEM
4A. UNRESOLVED STAFF COMMENTS