Company: MAGH
Filing Date: 2025-02-24
Form Type: DRS/A
Source: 0001493152-25-008050
Chunk: 225

Company: Magnitude International Ltd
Filing Date: 2025-02-24
Form: DRS/A
Chunk 225
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 SGD0.50 and SGD0.40 per share amounting to a total of SGD250,000 and SGD200,000 respectively for the financial year ended April 30, 2024.

| 29. | Events                 
 after reporting period |

The Group evaluated all events and transactions that from April 30, 2024 up through December 31, 2024 which is the date that these consolidated financial statements are available to be issued, there were no other any material subsequent events that require disclosure in these consolidated financial statements except below:

The subsidiary Herlin Pte. Ltd. has declared an interim exempt (one-tier) dividend for the financial year ending April 30, 2025 on the following dates:

These consolidated financial statements do not reflect the change in share capital and the dividends which will be accounted for in the financial year ending April 30, 2025.

On December 12, 2024, director’s loan amounted to SGD200,000 is capitalized by the allotment and issuance of 200,000 ordinary shares in the share capital of the subsidiary BNL Engineering Private Limited to the director. Share capital of the subsidiary BNL Engineering Private Limited increased from SGD500,000 to SGD700,000 after the capitalization of director’s loan.

For the sake of undertaking a public offering of the Company’s ordinary shares, the Company has performed a series of reorganization transactions, and the Reorganization is completed on [● ] (Note 1).

| F-44 |

<div align='center'>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

| To: | The Board of Directors  
 and Stockholders of     |
|     | Magnitude International 
 Ltd                     |

Results of Review of Interim Financial Information

We have reviewed the unaudited interim condensed consolidated statement of financial position of Magnitude International Ltd and its subsidiaries (the “Company”) as of October 31, 2024, and the related unaudited interim condensed consolidated statements of profit or loss and other comprehensive income, changes in equity, and cash flows for the six-month periods ended October 31, 2023 and 2024, and the related notes (collectively referred to as the unaudited interim condensed financial statements). Based on our reviews, we are not aware of any material modifications that should be made to the accompanying interim financial statements for them to be in conformity with International Financial Reporting Standards as issued by the International Accounting Standards Board.

We have previously audited, in accordance with the standards