* SURVEILLANCE RATING RESULT (second year of monitoring): vnA-
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: May 16, 2025
* BUSINESS LINE: Investment Holding Company
* ANALYSTS:
Mr. Le Hoang Quan, MBA
Mr. Nguyen Duc Phu, MSc
Ms. Bui Thu Huong, MBA, CFA
* RATING COMMITTEE:
Mr. Bui Van Long, MSc
Ms. Diep Ngoc Yen, MSc
Mr. Vu Thien Phong, ACCA, CFA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in IPA Investment Group JSC: None
– Saigon Ratings’ bond ownership in IPA Investment Group JSC: None
– Saigon Ratings’ other debt instrument ownership in IPA Investment Group JSC: None
– Saigon Ratings employee’s share ownership in IPA Investment 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 (IPA Investment Group JSC).
