Magnitude International Ltd Ordinary Shares

Magnitude International Ltd provides mechanical and electrical engineering services in Singapore. It offers electrical installation and licensing services for greenfield and brownfield projects, including private and public housing, commercial and mixed-use developments, and other public facilities. The company also installs generators, transformers, high and low tension systems, lightning protection systems, underground infrastructure, telecommunication and security systems, solar panel systems, capacitor banks, fire alarms, and electric vehicle chargers. In addition, it undertakes addition and alteration works such as rewiring and replacement, removal, shifting, upgrading, or addition of sub main cables, low and high tension switchgears, distribution boards, control panels, emergency switchboards, standby emergency generators, and lightning systems for residential, commercial, and other properties including hotels, shopping malls, hospitals, government facilities, restaurants, and mass rapid transit stations. Founded in 2012, the company is headquartered in Singapore and operates as a subsidiary of XJL International Ltd.

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Nasdaq Notifies Magnitude International of Anticipated Delisting on August 12

The Nasdaq Stock Market has notified Magnitude International Ltd. that its securities will be delisted on August 12, 2026, unless the company appeals to a Listing Qualifications Hearings Panel. The securities will remain halted and unavailable to trade until any appeal is resolved. Following removal from Nasdaq, the securities may be eligible for trading in the over-the-counter market. Nasdaq halted trading in the company’s ordinary shares on December 19, 2025, after a temporary trading suspension by the U.S. Securities and Exchange Commission. Nasdaq has now determined it is appropriate to use its authority under IM-5101-4 to delist the company’s securities.

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