Company: MAGH
Filing Date: 2025-06-25
Form Type: F-1/A
Source: 0001641172-25-016431
Chunk: 141

Company: Magnitude International Ltd
Filing Date: 2025-06-25
Form: F-1/A
Chunk 141
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Balances with related parties

|                    |     | April 30, 2023 |     | April 30, 2024 |     | April 30, 2024 |
|:-------------------|:----|---------------:|:----|---------------:|:----|---------------:|
|                    |     |             S$ |     |             S$ |     |            US$ |
| Non-trade payables |     |                |     |                |     |                |
| Shareholders(1)    |     |         83,538 |     |         85,443 |     |         62,660 |
| Non-trade payables |     |                |     |                |     |                |
| Director(2)        |     |         14,308 |     |         55,899 |     |         40,994 |

(1)Other receivable from shareholders is non-trade in nature, unsecured, non-interest bearing and repayable on demand.

(2) The amount due to a director is non-trade in nature, unsecured, non-interest bearing and repayable on demand.

In addition to the related party information disclosed elsewhere in the financial statements, the following were significant related party transactions at rates and terms agreed between the Group and the related parties during the period:

Transaction with related parties

|                           |     | Six                      
 months ended October 31, |            |   |     |          |   |     |         |   |
|                           |     |                          |       2023 |   |     |     2024 |   |     |    2024 |   |
|                           |     |                          |        SGD |   |     |      SGD |   |     |     USD |   |
| Director                  |     |                          |            |   |     |          |   |     |         |   |
| Advance                   
 from                      |     |                          |     42,147 |   |     |   53,403 |   |     |  40,365 |   |
| Repayment                 
 to                        |     |                          |    374,877 |   |     |   56,191 |   |     |  42,472 |   |
| Subsidiary                
 (between BNL and Herlin)  |     |                          |            |   |     |          |   |     |         |   |
| Revenue                   
 from electrical works and 
 installation