RATING RESULT OF PHU LONG REAL ESTATES CORPORATION FOR 2024

* CREDIT RATING OPINION (first-time): Confidential

* OUTLOOK: Confidential

* DATE OF RATING CERTIFICATION ISSUANCE: December 31, 2024

* BUSINESS LINE: Real estate development

* RATING COMMITTEE:

Mr. Nguyen Phi Long, ACCA

Mr. Ho Van Tuyen, DBA

Mr. Nguyen Xuan Dung, MBA, CPA

* ANALYSTS:

Mr. Nguyen Duc Phu, MSc

Mr. Tran Ngoc Huy, MBA

Mr. Nguyen Minh Duc, MSc

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Phu Long Real Estates Corporation: None

– Saigon Ratings’ bond ownership in Phu Long Real Estates Corporation: None

– Saigon Ratings’ other debt instrument ownership in Phu Long Real Estates Corporation: None

– Saigon Ratings employee’s share ownership in Phu Long Real Estates Corporation: 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 (Phu Long Real Estates Corporation).

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