* 6-MONTH CREDIT RATING OPINION (First year of monitoring): Confidential
* OUTLOOK: Confidential
* DATE OF RATING CERTIFICATION ISSUANCE: June 30, 2025
* Business line: Real estate development
* RATING COMMITTEE:
Ms. Bui Thu Huong, MBA, CFA
Ms. Do Phuong Lan, MDE
Ms. Cao Thi Thanh Thuy, MSc
* ANALYSTS:
Mr. Nguyen Duc Phu, MSc
Mr. Tran Ngoc Huy, MBA
* INFORMATION OF INTEREST CONFLICT
– Saigon Ratings’ share ownership in Phu Long Real Estates Corporation: None
– Saigon Ratings’ bond ownership in Phu Long Real Estates Corporation: None
– Saigon Ratings’ other debt instrument ownership in Phu Long Real Estates Corporation: None
– Saigon Ratings employee’s share ownership in Phu Long Real Estates Corporation: 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 (Phu Long Real Estates Corporation)).