Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 100

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 10
Chunk 100
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ITEM
10. ADDITIONAL INFORMATION

Enforceability
of Civil Liabilities

The
Company is an exempted company incorporated with limited liability under the laws of the Cayman Islands. We are incorporated in the Cayman
Islands because of certain benefits associated with being a Cayman Islands company, such as political and economic stability, an effective
judicial system, a favorable tax system, the absence of foreign exchange control or currency restrictions and the availability of professional
and support services. However, the Cayman Islands has a less developed body of securities laws as compared to the United States and provides
less protection for investors. In addition, Cayman Islands companies may not have the standing to sue before the U. S. federal courts.

All
of our current operations are conducted outside of the United States, and substantially all of our current assets are located outside
of the United States, with the majority of our operations and current assets being located in Singapore. All of the directors and executive
officers of the Company and the auditors of the Company reside outside the United States, and substantially all of their assets are located
outside the United States. As a result, it may not be possible for investors to effect service of process within the United States upon
us or any such persons, or to enforce in the United States any judgment obtained in the U. S. courts against us or any of such persons,
including judgments based upon the civil liability provisions of the U. S. securities laws or any U. S. state or territory.

We
have appointed Cogency Global Inc., located at 122 East 42nd Street, 18th Floor New York, NY 10168, the United States, as our agent upon
whom process may be served in any action brought against us under the securities laws of the United States.

  63  

Cayman
Islands

We
have been advised by Harney Westwood & Riegels, our counsel as to Cayman Islands law, that although there is no statutory enforcement
in the Cayman Islands of judgments obtained in the federal or state courts of the United States (and the Cayman Islands are not a party
to any treaties for the reciprocal enforcement or recognition of such judgments), the Grand Court of the Cayman Islands will at common
law enforce final and conclusive in personam in
personam

Singapore

There
is no treaty between the United States and Singapore providing for the reciprocal recognition and enforcement of judgments in civil and
commercial matters