SURVEILLANCE RESULT OF TNG INVESTMENT & TRADING JSC FOR 2024

* SURVEILLANCE RATING RESULT (First year of monitoring): vnA

* OUTLOOK: Stable

* DATE OF RATING CERTIFICATION ISSUANCE: June 18, 2024

* CREDIT RATING RESULT IS VALID UNTIL: September 29, 2024

* BUSINESS LINE: Textile and Garment

* 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 TNG Investment & Trading JSC: None

– Saigon Ratings’ bond ownership in TNG Investment & Trading JSC: None

– Saigon Ratings’ other debt instrument ownership in TNG Investment & Trading JSC: None

– Saigon Ratings employee’s share ownership in TNG Investment & Trading 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 (TNG Investment & Trading JSC).

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