Company: MAGH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001641172-25-014489
Chunk: 235

Company: Magnitude International Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 235
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 exposure is kept to an acceptable level by buying or selling foreign currencies at spot rates, where necessary, to address short-term imbalances.

The Group has transactional currency exposures arising from sales or purchases that are denominated in a currency other than the functional currency of the entity, primarily United States Dollar (USD).

| F-41 |

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

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

| 23. | Financial                   
 risk management (Continued) |

Foreign currency risk (Continued)

At the end of each reporting year, the Group’s exposure to foreign currency risk is as follows:

|                                                       |     |    April 
 30, 2023 |     |    April 
 30, 2024 |     |    April 
 30, 2024 |
|:------------------------------------------------------|:----|---------:|:----|---------:|:----|---------:|
|                                                       |     |      SGD |     |      SGD |     |      USD |
| Financial assets                                      |     |          |     |          |     |          |
| Financial assets at fair value through profit or loss |     |  172,412 |     |  439,817 |     |  322,541 |
| Cash and cash equivalents                             |     |    3,933 |     |    8,861 |     |    6,498 |
|                                                       |     |  176,345 |     |  448,678 |     |  329,039 |
| Financial liabilities                                 |     |          |     |          |     |          |
| Borrowings                                            |     |  150,975 |     |  317,076 |     |  232,529 |
|                                                       |     |  150,975 |     |  317,076 |     |  232,529 |
| Net exposure                                          |     |   25,370 |     |  131,602 |     |   96,510 |

A 1% (2023: 1%) strengthening/weakening of Singapore Dollar against the foreign currency denominated balances as at the end of the reporting year would increase/(decrease) profit or loss by the amounts shown below. This analysis assumes that all other variables remain constant.

|                 |     | Profit or loss |    April 
 30, 2023 |   |