* SURVEILLANCE RATING RESULT (Third year of monitoring): vnA
* OUTLOOK: Stable
* DATE OF RATING CERTIFICATION ISSUANCE: May 26, 2026
* BUSINESS LINE: Real Estate Rental
* RATING COMMITTEE:
Mr. Bui Van Long, MSc
Ms. Bui Thu Huong, MBA, CFA
Ms. Diep Ngoc Yen, MSc
* ANALYSTS:
Ms. Do Phuong Lan, MDE
Mr. Nguyen Hoang Chuong, BA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in Thanh Thanh Cong Industrial zone JSC (TTC IZ): None
– Saigon Ratings’ bond ownership in Thanh Thanh Cong Industrial zone JSC (TTC IZ): None
– Saigon Ratings’ other debt instrument ownership in Thanh Thanh Cong Industrial zone JSC (TTC IZ): None
– Saigon Ratings employee’s share ownership in Thanh Thanh Cong Industrial zone JSC (TTC IZ): 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 (Thanh Thanh Cong Industrial zone JSC (TTC IZ)).

