Company: MAGH
Filing Date: 2025-07-18
Form Type: F-1/A
Source: 0001641172-25-020173
Chunk: 95

Company: Magnitude International Ltd
Filing Date: 2025-07-18
Form: F-1/A
Chunk 95
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.3 million, respectively; (ii) approximately 57.8% and 73.5% of our revenue was derived from greenfield electrical installation projects and approximately 39.5% and 2.7% of our revenue was derived from brownfield A&A electrical projects, respectively; and (iii) approximately 99.0% and 88.0% of our projects (in terms of revenue) were in the private sector respectively.

For the six months ended October 31, 2023 and 2024, the revenue from our largest project in terms of revenue recognized accounted for approximately 28.7% and 28.0% of our total revenue recognized for the corresponding periods. The backlog of our projects as of October 31, 2024, which represents the total estimated contract value of works (including adjustments and variation orders) that remain to be completed pursuant to the terms of the outstanding contracts as of October 31, 2024, and assuming performance in accordance with the terms of the contract, was approximately S$61.3 million.

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Our Competitive Strengths

We have over 12 years of established track record in the provision of quality, timely and reliable electrical installation services

We have over 12 years of established track record in the provision of quality, timely and reliable electrical installation services in Singapore that covers a range of greenfield and brownfield electrical installation projects, including electrical installation for private and public housing, commercial and mixed-use developments as well as other types of public facilities and various types of A&A works. Our team of technical staff includes seven project managers and five electrical engineers each have over 15 years of experience in electrical installation, 10 qualified building construction safety supervisors, five BCA certified core trade foremen, five BCA certified core trade tradesmen, two BCA certified safety coordinator, and one LEW in professional engineer and technician grade licensed by the Energy Market Authority. Our team of technical staff, under the leadership of our executive directors and senior management, can evaluate a project’s specifications, resource needs and level of difficulty accurately. This helps us to tackle all the challenges that we may face during the execution of a project and ensure that we can complete the project based on our customer’s requirements in an efficient manner. We believe that our experienced management team and team of technical staff as well as our capabilities in the provision of quality, timely and reliable electrical installation services have helped to build our reputation in the electrical engineering sector of the construction industry in Singapore.

We are