* CREDIT RATING OPINION (first time): vnA+
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: September 15, 2023
* BUSINESS LINE: Sugar industry
* ANALYSTS:
Mr. Tran Chi Cuong, MSc
Mr. Bui Van Long, MSc
* RATING COMMITTEE:
Mr. Nguyen Thuong, CPA
Mr. Nguyen Duc Phu, MSc
Mr. Trinh Cong Son, ACCA, CPA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in THANH THANH CONG – BIEN HOA JSC (SBT): None
– Saigon Ratings’ bond ownership in THANH THANH CONG – BIEN HOA JSC (SBT): None
– Saigon Ratings’ other debt instrument ownership in THANH THANH CONG – BIEN HOA JSC (SBT): None
– Saigon Ratings employee’s share ownership in THANH THANH CONG – BIEN HOA JSC (SBT): 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 (THANH THANH CONG – BIEN HOA JSC (SBT)).