Company: MAGH
Filing Date: 2025-05-28
Form Type: F-1
Source: 0001641172-25-012644
Chunk: 186

Company: Magnitude International Ltd
Filing Date: 2025-05-28
Form: F-1
Chunk 186
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 |     | Principal 
 and       | interest 
 payment  |     | Non-cash 
 changes  |        | Interest 
 expenses |     |    April 
 30, 2023 |
|:------------------|:----|:----|----------:|:----|:----------|:---------|:----|:---------|-------:|:---------|:----|---------:|
|                   |     |     |       SGD |     | SGD       |          |     |          |    SGD |          |     |      SGD |
| Bank borrowings   |     |     | 1,364,740 |     | (556,654  | )        |     |          | 27,792 |          |     |  835,878 |
| Lease liabilities |     |     |   612,329 |     | (86,879   | )        |     |          | 19,571 |          |     |  545,021 |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-7 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

| 1. | Overview |

Magnitude International Ltd (the “Company”) is incorporated in Cayman Islands on 25 October 2024 and its registered office at Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands. The principal place of business of the Company is 27 Woodlands Industrial Park E1 #03-15 (Lobby B) Hiangkie Industrial Building Singapore 757718.

These consolidated financial statements comprise the Company and its subsidiaries (the “Group”).

The principal activity of the Company is investment holding. The principal activities of the subsidiaries are disclosed below.

The details of its subsidiaries are as follows:

| Name                                                
 of subsidiary                                       
 (Country                                            
 of incorporation and                                | principal          
 place of business) |                                                                                                             | Principal  
 activities | Percentage             
 of effective ownership 
 held                   
 by the Company         |    April 
 30, 2023 |   |     |     |    April 
 30, 2024 |   |
|:----------------------------------------------------|:-------------------|:------------------------------------------------------------------------------------------------------------|:-----------|:----------------