* SURVEILLANCE RATING RESULT (second year of monitoring): vnBBB+
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: June 17, 2024
* CREDIT RATING RESULT IS VALID UNTIL: October 27, 2024
* BUSINESS LINE: Real Estate Developer
* ANALYSTS:
Mr. Nguyen Duc Phu, MSc
Mr. Vo Tan Duc, MSc
* RATING COMMITTEE:
Mr. Nguyen Phi Long, ACCA
Mr. Le Hoang Quan, MBA
Mr. Bui Van Long, MSc
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in Tan Thanh Tourism Trading JSC: None
– Saigon Ratings’ bond ownership in Tan Thanh Tourism Trading JSC: None
– Saigon Ratings’ other debt instrument ownership in Tan Thanh Tourism Trading JSC: None
– Saigon Ratings employee’s share ownership in Tan Thanh Tourism Trading 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 (Tan Thanh Tourism Trading JSC).