Company: MAGH
Filing Date: 2025-05-28
Form Type: F-1
Source: 0001641172-25-012644
Chunk: 124

Company: Magnitude International Ltd
Filing Date: 2025-05-28
Form: F-1
Chunk 124
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 the Ministry of Manpower, or MOM.

Under Section 5(1) of the EFMA, no person shall employ a foreign worker unless he has obtained in respect of the foreign worker a valid work permit from MOM, which allows the foreign worker to work for him. Any person who fails to comply with or contravenes the section shall be guilty of an offence and shall (a) be liable on conviction to a fine of between S$5,000 and S$30,000, or imprisonment for a term not exceeding 12 months or both; and (b) on subsequent convictions, in the case of an individual be punished with imprisonment for a term of between 1 month and 12 months and also be liable to a fine between S$10,000 and S$30,000 and in any other case, be punished with a fine between S$20,000 and S$60,000.

Basic skilled construction work permit workers from Non-Traditional Source (NTS) countries and PRC would be allowed to work up to a maximum of 14 years, while higher skilled workers from NTS and PRC would be allowed to work up to 26 years. All workers can only work up to 63 years of age.

The availability of the foreign workers to the construction industry is regulated by the MOM through the following policy instruments:

| ● | approved                                                                                 
 source countries or regions;                                                             |
| ● | age                                                                                      
 of foreign workers;                                                                      |
| ● | dependency                                                                               
 ceilings based on the ratio of local to foreign workers;                                 |
| ● | the                                                                                      
 imposition of security bonds and levies; and                                             |
| ● | quotas                                                                                   
 based on the man-year entitlements, or MYEs, in respect of workers from NTS and the PRC. |

Approved source countries

The approved source countries for construction workers are Malaysia, PRC, NTS countries and North Asian Sources, or NAS. NTS countries include countries such as India, Thailand, Bangladesh, Myanmar, the Philippines and Sri Lanka. NAS countries include Hong Kong, Macau, South Korea and Taiwan.

Age of foreign workers

The minimum age of all non-domestic migrant workers is 18 years old. When applying for a work permit, Malaysian workers must be below 58 years old while non-Malaysian workers must be below 50 years old.

Security bonds and foreign worker levies

Companies are required to pay a monthly levy for each foreign worker they employ. The foreign workers’ levy rate varies depending