* SURVEILLANCE CREDIT RATING OPINION (first time): vnBBB
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: July 10, 2023
* CREDIT RATING RESULT IS VALID UNTIL: May 30, 2024
* BUSINESS LINE: Real estate developer
* ANALYSTS:
Mr. Vo Tan Duc, MSc
Mr. Tran Ngoc Huy, MBA
Mr. Bui Van Long, MSc
* RATING COMMITTEE:
Mr. Nguyen Duc Phu, MSc
Mr. Tran Phuoc Loc, MBA
Mr. Do Huu Minh, ACCA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in SAO VANG TAY DO: None
– Saigon Ratings’ bond ownership in SAO VANG TAY DO: None
– Saigon Ratings’ other debt instrument ownership in SAO VANG TAY DO: None
– Saigon Ratings employee’s share ownership in SAO VANG TAY DO: 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 (SAO VANG TAY DO).