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Magnitude International Ltd (MAGH)


Company Overview

Proposed Symbol MAGH
Company Name Magnitude International Ltd
Exchange NASDAQ Capital
Share Price $4.00-5.00
Employees 65 (as of 07/18/2025)
Status
Shares Offered 2,200,000
Offer amount $11,000,000
Shares Over Alloted
Company Address 27 WOODLANDS INDUSTRIAL PARK E1, #03-15 (LOBBY B) HIANGKIE INDUSTRIAL BUILDING SINGAPORE 757718
Company Phone 65 9139 0001
Company Website www.bnlengrg.com
CEO Say Wei Lim
State of Inc
Fiscal Year End 04-30
Total Offering Expense $1,120,000.00
Shareholder Shares Offered
Shares Outstanding 35,000,000
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0002046117
DealId 1336966-114129

Company Description

Our mission is to become one of the leading integrated one-stop electrical installation services provider in Singapore. Our emphasis is to add value to all stakeholders by ensuring that all buildings which we have serviced are safe, functional and energy efficient. We have over 12 years of experience in providing electrical installation services to customers in both the private and public sectors in Singapore. During our operating history, we have been principally engaged in the provision of (i) electrical installation for private and public housing (including condominium, residential flats and bungalows), commercial and mixed-use developments as well as other types of public facilities (such as parks and bus interchanges), including, among others, the installation of generators, transformers, high and low tension systems, lightning protection systems, underground infrastructures, telecommunication systems, security systems, solar panel systems, capacitor banks, fire alarms and electric vehicle chargers; and (ii) various types of A&A works, such as rewiring and replacement/removal/ shifting/upgrading/addition of sub main cables, low and high tension switchgears, distribution boards, control panels, emergency switchboards, standby emergency generators and lightnings, for residential and commercial buildings as well as a wide range of other properties, including hotels, shopping malls, hospitals, government facilities, restaurants and mass rapid transit stations in a range of greenfield and brownfield electrical installation projects including . We generally act as the main electrical contractor in a construction project (regardless of whether it is a greenfield sites that generally have never been built on or brownfield sites that are typically located in urban areas project). --- We were incorporated in the Cayman Islands as an exempted company with limited liability on October 25, 2024. Our registered office in the Cayman Islands is at Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands. Our principal executive office is at 27 Woodlands Industrial Park E1, #03-15 (Lobby B) Hiangkie Industrial Building, Singapore 757718. Our telephone number at this location is +65 6684 8428. Our principal website address is https://www.bnlengrg.com. Our agent for service of process in the United States is Cogency Global Inc., 122 East 42nd Street, 18th Floor, New York, NY 10168.