Company: MAGH
Filing Date: 2025-02-24
Form Type: DRS/A
Source: 0001493152-25-008050
Chunk: 261

Company: Magnitude International Ltd
Filing Date: 2025-02-24
Form: DRS/A
Chunk 261
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31,    2024 |
|:-------------------------------|:----|------------:|:----|------------:|:----|------------:|
|                                |     |         SGD |     |         SGD |     |         USD |
| Trade payables:                |     |             |     |             |     |             |
| - third parties                |     |   2,614,237 |     |   2,162,043 |     |   1,634,197 |
| Other payables:                |     |             |     |             |     |             |
| Amount due to a director       |     |      55,899 |     |       6,305 |     |       4,766 |
| Other payables                 |     |      10,002 |     |      24,832 |     |      18,769 |
| GST payables, net              |     |      49,360 |     |     164,312 |     |     124,197 |
| Dividend payable               |     |           - |     |     300,000 |     |     226,757 |
| Accrued expenses               |     |   1,114,498 |     |   1,826,311 |     |   1,380,432 |
|                                |     |   1,229,759 |     |   2,321,760 |     |   1,754,921 |
| Total trade and other payables |     |   3,843,996 |     |   4,483,803 |     |   3,389,118 |

Trade payables are non-interest bearing and are normally settled within 45 days (April 30, 2024: 45 days).

The amount due to a director is non-trade in nature, unsecured, non-interest bearing and repayable on demand.

Accrued expenses mainly consist of accrued professional fees and subcontractors’ costs.

| F-74 |

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

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

| 16. | Revenue |

|                                     |     | Six                      
 months ended October 31, |            |     |           |     |           |
|                                     |     |                          |       2023 |     |