RATING RESULT OF HOANG DONG DUONG INVESTMENT JSC. FOR 2024

* CREDIT RATING OPINION (first-time): vnBB

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: July 30, 2024

* BUSINESS LINE: Real Estate Development

* RATING COMMITTEE:

Mr. Nguyen Phi Long, ACCA

Mr. Le Hoang Quan, MBA

Ms. Ha Thi Lan Huong, MSc

* ANALYSTS:

Ms. Nguyen Kim Chi, BA

Mr. Nguyen Minh Duc, MSc

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Hoang Dong Duong Investment JSC: None

– Saigon Ratings’ bond ownership in Hoang Dong Duong Investment JSC: None

– Saigon Ratings’ other debt instrument ownership in Hoang Dong Duong Investment JSC: None

– Saigon Ratings employee’s share ownership in Hoang Dong Duong Investment 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 (Hoang Dong Duong Investment JSC).

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