Company: MAGH
Filing Date: 2025-02-24
Form Type: DRS/A
Source: 0001493152-25-008050
Chunk: 84

Company: Magnitude International Ltd
Filing Date: 2025-02-24
Form: DRS/A
Chunk 84
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 of the asset to its estimated fair value based on a discounted cash flows approach or, when available and appropriate, to fair value less costs of disposal.

| ● | Fair              
 Value Measurement |

IFRS 13 defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Group considers the principal or most advantageous market in which it would transact, and it considers assumptions that market participants would use when pricing the asset or liability.

Accounting standard establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Accounting standard establishes three levels of inputs that may be used to measure fair value:

| - | Level                                                                                       
 1 applies to assets or liabilities for which there are quoted prices, in active markets for 
 identical assets or liabilities.                                                            |

| - | Level                                                                                             
 2 applies to assets or liabilities for which there are inputs other than quoted prices included   
 within Level 1 that are observable for the asset or liability such as quoted prices for similar   
 assets or liabilities in active markets; quoted prices for identical asset or liabilities         
 in markets with insufficient volume or infrequent transactions (less active markets); or          
 model-derived valuations in which significant inputs are observable or can be derived principally 
 from, or corroborated by, observable market date.                                                 |

| 66 |

| - | Level                                                                                           
 3 applies to asset or liabilities for which there are unobservable inputs to the valuation      
 methodology that are significant to the measure of the fair value of the assets or liabilities. |

Fair value of financial instruments carried at fair value

The following table shows an analysis of each class of assets measured at fair value at the reporting date:

|                                      |     | Fair                                               
 value measurement at the reporting date using      |     |     |                                           |     |     |                     |         |     |       |         |     |       |         |
|                                      |     | Quoted                                             
 prices in active markets for identical instruments |     |     | Significant                               
 observant inputs other than quoted prices |     |     | Significant         
 unobservable inputs |         |     |       |         |     |       |         |
|