* CREDIT RATING OPINION (first time): Confidential
* OUTLOOK: Confidential
* DATE OF RATING CERTIFICATION ISSUANCE: November 16, 2022
* ANALYSTS:
Mr. Nguyen Phi Long, ACCA
Ms. Tran Thi Thuy Linh, MA
Ms. Le Nu Cat Khanh, MBA
Ms. Dao Minh Thuy, MSc
* RATING COMMITTEE:
Mr. Nguyen Duc Phu, MSc
Mr. Nguyen Tri Hieu, PhD
Ms. Nguyen Thanh Nhon, PhD
Mr. Nguyen Xuan Dung, CPA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in TNPOWER: None
– Saigon Ratings’ bond ownership in TNPOWER: None
– Saigon Ratings’ other debt instrument ownership in TNPOWER: None
– Saigon Ratings employee’s share ownership in TNPOWER: None
Saigon Ratings is committed to the implementation of credit rating independently and objectively.
Saigon Ratings issued a credit rating report as a reference information; it is not an investment or capital contribution recommendation for debt instruments issued by the rated company (TNPOWER).