* CREDIT RATING OPINION (first-time): vnBB-
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: July 16, 2024
* BUSINESS LINE: Real Estate Development
* ANALYSTS:
Mr. Nguyen Duc Phu, MSc
Mr. Bui Van Long, MSc
Mr. Vu Thien Phong, ACCA
* RATING COMMITTEE:
Mr. Nguyen Phi Long, ACCA
Mr. Le Hoang Quan, MBA
Ms. Ha Thi Lan Huong, MSc
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in Huy Duong Group JSC: None
– Saigon Ratings’ bond ownership in Huy Duong Group JSC: None
– Saigon Ratings’ other debt instrument ownership in Huy Duong Group JSC: None
– Saigon Ratings employee’s share ownership in Huy Duong Group 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 (Huy Duong Group JSC).
