* CREDIT RATING OPINION (first time): vnB-
* OUTLOOK: Negative
* DATE OF RATING CERTIFICATION ISSUANCE: June 28, 2023
* BUSINESS LINE: Renewable Energy
* ANALYSTS:
Mr. Nguyen Duc Phu, MSc
Mr. Bui Van Long, MSc
Mr. Nguyen Thanh Son, MSc
Mr. Nguyen Quoc Minh, MSc
* RATING COMMITTEE:
Mr. Nguyen Phi Long, ACCA
Mr. Le Hoang Quan, MBA
Mr. Pham Ngoc Hoang, CPA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in INDOCHINE IMPORT EXPORT INVESTMENT INDUSTRIAL JSC: None
– Saigon Ratings’ bond ownership in INDOCHINE IMPORT EXPORT INVESTMENT INDUSTRIAL JSC: None
– Saigon Ratings’ other debt instrument ownership in INDOCHINE IMPORT EXPORT INVESTMENT INDUSTRIAL JSC: None
– Saigon Ratings employee’s share ownership in INDOCHINE IMPORT EXPORT INVESTMENT INDUSTRIAL JSC: 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 (INDOCHINE IMPORT EXPORT INVESTMENT INDUSTRIAL JSC).