Company: MAGH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001641172-25-014489
Chunk: 296

Company: Magnitude International Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 296
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   |     |        |     | 14,551,980 |   |

| (A) 
 (1) | Derived from the unaudited interim condensed consolidated statement of financial position of the Company as of October 31, 2024.       
 Reflects the capitalization of a director’s loan from Mr.                                                                              
 Lim Say Wei amounted to SGD200,000 dated November 14, 2024 by the allotment and issuance of 200,000 ordinary shares in the             
 share capital of the subsidiary BNL Engineering Private Limited to the director on December 12, 2024. The newly issuance share capital 
 is capitalized as merger reserve under common control basis of consolidation.                                                          |
|:----|:---------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Reflects the dividends declared in Herlin Pte Ltd amounting to SGD1,100,000                                                            
 on November 18, 2024.                                                                                                                  |
| (3) | We estimate that the net proceeds from this offering of our ordinary                                                                   
 shares will be approximately SGD7,555,653 (USD5,711,000), based on an assumed public offering price of USD4.50 per                     
 share, after deducting underwriting discounts and commissions, non-accountable expense allowance and estimated offering expenses       
 of SGD1,481,760 (USD1,120,000) payable by us. Non-incremental accounting fees of SGD297,146 (USD224,600) is expensed when              
 incurred.                                                                                                                              |

| F-89 |

<div align='center'>PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED APRIL 30, 2024
(UNAUDITED)</div>

|                                                                                |     |   (A) April 
   30,  2024 |   |     | Transaction 
  Accounting 
 Adjustments |     | Note |     |         Pro 
       Forma |   |
|:-------------------------------------------------------------------------------|:----|------------:|:--|:----|------------:|:----|-----:|:----|------------:|:--|
|                                                                                |     |         SGD |   |     |         SGD |     |      |     |         SGD |   |
| Revenue                                                                        |     |  24,201,834 |   |     |             |     |      |     |  24,201,834 |   |
|