Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 272

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 272
---
 adjusted accordingly based on the expected changes in this factor. Accordingly, the credit risk profile of trade receivables is presented based on their past due status in terms of the provision matrix.

| October 31, 2024    |     |                           Trade 
 receivables and contract assets 
                             SGD |     | ECL     
 SGD     |   |     |        Trade receivables 
 and contract assets, net 
                      SGD |     |        Trade receivables 
 and contract assets, net 
                      USD |
|:--------------------|:----|--------------------------------:|:----|:--------|:--|:----|-------------------------:|:----|-------------------------:|
| Not past due        |     |                       3,112,124 |     | (4,082  | ) |     |                3,108,042 |     |                2,349,237 |
| < 31 days           |     |                         639,823 |     | (10,866 | ) |     |                  628,957 |     |                  475,402 |
| 31 days to 60 days  |     |                           9,766 |     | (1,699  | ) |     |                    8,067 |     |                    6,098 |
| 61 days to 90 days  |     |                          34,819 |     | (11,247 | ) |     |                   23,572 |     |                   17,817 |
| 91 days to 120 days |     |                          26,978 |     | (26,978 | ) |     |                        - |     |                        - |
| >120 days           |     |                          11,900 |     | (11,900 | ) |     |                        - |     |                        - |
|                     |     |                       3,835,410 |     | (66,772 | ) |     |                3,768,638 |     |                2,848,554 |

| F-81 |

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

NOTES TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

| 24. | Financial                   
 risk management (Continued) |

Credit risk(Continued)

| April 30, 2024      |     |                           Trade 
 receivables and contract assets