Company: MAGH
Filing Date: 2025-02-24
Form Type: DRS/A
Source: 0001493152-25-008050
Chunk: 254

Company: Magnitude International Ltd
Filing Date: 2025-02-24
Form: DRS/A
Chunk 254
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.

Other receivable from a director is non-trade in nature, unsecured, non-interest bearing and repayable on demand. The amount is fully settled subsequent to the financial period ended October 31, 2024.

The movement in allowance for expected credit losses of trade and other receivables computed based on lifetime ECL was as follows:

|                                 |     |     |       April 
 30,    2024 |     |     |     October 
 31,    2024 |     |     |     October 
 31,    2024 |
|:--------------------------------|:----|:----|------------:|:----|:----|------------:|:----|:----|------------:|
|                                 |     | SGD |             |     | SGD |             |     | USD |             |
| Trade receivables               |     |     |             |     |     |             |     |     |             |
| At beginning of financial year  |     |     |      50,748 |     |     |      59,582 |     |     |      45,036 |
| Addition                        |     |     |       8,834 |     |     |       4,608 |     |     |       3,483 |
| At end of financial year/period |     |     |      59,582 |     |     |      64,190 |     |     |      48,519 |
| Other receivables               |     |     |             |     |     |             |     |     |             |
| At beginning of financial year  |     |     |     318,886 |     |     |     398,607 |     |     |     301,290 |
| Addition                        |     |     |      79,721 |     |     |       1,200 |     |     |         907 |
| At end of financial year/period |     |     |     398,607 |     |     |     399,807 |     |     |     302,197 |

| F-68 |

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

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

| 8. | Contract           
 assets/liabilities |

|                      |     |       April 
 30,    2024