SURVEILLANCE RESULT OF KHAI HOAN LAND GROUP JSC FOR 2024

* SURVEILLANCE RATING RESULT (First year of monitoring): vnBBB-

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: July 09, 2024

* BUSINESS LINE: Services – Real Estate Development

* ANALYSTS:

Mr. Nguyen Duc Phu, MSc

Mr. Tran Ngoc Huy, MBA

* RATING COMMITTEE:

Mr. Nguyen Phi Long, ACCA

Mr. Le Hoang Quan, MBA

Mr. Bui Van Long, MSc

* INFORMATION OF INTEREST CONFLICT

– Saigon Ratings’ share ownership in Khai Hoan Land Group JSC: None

– Saigon Ratings’ bond ownership in Khai Hoan Land Group JSC: None

– Saigon Ratings’ other debt instrument ownership in Khai Hoan Land Group JSC: None

– Saigon Ratings employee’s share ownership in Khai Hoan Land 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 (Khai Hoan Land Group JSC).

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