* CREDIT RATING OPINION (first-time): vnBBB+
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: May 31, 2024
* BUSINESS LINE: Investment Holding Company
* ANALYSTS:
Mr. Vo Tan Duc, MSc
Ms. Ha Thi Lan Huong, MSc
Mr. Vu Thien Phong, ACCA
* RATING COMMITTEE:
Mr. Nguyen Duc Phu, MSc
Mr. Le Hoang Quan, MBA
Mr. Nguyen Phi Long, ACCA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in I.P.A Investment JSC: None
– Saigon Ratings’ bond ownership in I.P.A Investment JSC: None
– Saigon Ratings’ other debt instrument ownership in I.P.A Investment JSC: None
– Saigon Ratings employee’s share ownership in I.P.A 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 (I.P.A Investment JSC).