Terms and Conditions for Invoice Financing Investors

Terms and Conditions for Invoice Financing (IF) Investor


The following Invoice Financing (IF) terms and conditions (IF Investor Terms) explain:

  • how the Beehive online platform (Beehive) works;
  • how to become an IF investor (Investor) on Beehive; and
  • how you may use the website beehiveasia.co.th(Site).

If you decide to become an Investor on Beehive, you must comply with these IF Investor Terms. These IF Investor Terms should be read alongside, and are in addition to, our Terms of Use and our IF Conditions (accessible online at www.beehiveasia.co.th/home/termsandconditions and our Privacy Policy (accessible online at www.beehiveasia.co.th/home/privacy) which are incorporated in these IF Investor Terms by reference. You should read each of these documents carefully to ensure you understand and agree to be bound by them.

These IF Investor Terms create legal obligations with which you will be bound to comply. Please read them carefully. We also recommend that you print a copy of these IF Investor Terms for your future reference. By using this Site and the financing services secured via Beehive, you confirm that you have read, understood and agree to be bound by these IF Investor Terms, the Terms of Use, the IF Conditions and the Privacy Policy (each as amended from time to time).

Where you are acting as an appointed representative of a partnership, company or other business you confirm that you have the authority to enter into these IF Investor Terms on behalf of the partnership, company or business you represent and that your partnership, company or business agree to be bound by these IF Investor Terms. If you do not agree to these IF Investor Terms, you will not be able to become an Investor on Beehive.

References in these IF Investor Terms to we, us and our means Beehive Asia Co Ltd, a company incorporated in Thailand. References to you and your mean you as a user of the Site and the services provided via Beehive, whether as an individual or on behalf of the entity you represent, provided in each case that the investor criteria set out below are satisfied.

Each IF agreement entered into between an Investor and an IF borrower (Borrower) is deemed to include our standard IF Conditions (the IF Contract). The IF Contract is a separate binding legal agreement directly between you and the Borrower you finance to (Finance) and your relationship with your Borrower shall be governed exclusively by the relevant IF Contract. For the avoidance of doubt, we will not be a party to your IF Contract.

You will be invited to accept the IF Conditions during your registration to use Beehive and agree to be bound by the same, in your capacity as an Investor, in all of your Financing transactions entered into on Beehive.

If you enter into an IF Contract as an appointed representative of a partnership, company, or other business you will be required to warrant that you are duly authorised to act on its behalf. Breach of this requirement may result in legal action being taken against you personally.

  1. How to Become an Investor
    • To become an investor on Beehive you must meet the following minimum eligibility criteria:
  2. you must be an individual, or a business in the form of a company, a partnership or a public body;
  3. if you are financing in your capacity as an individual you must:
    • be aged twenty (20) years or over;
    • satisfactorily complete the investor questionnaire available on beehiveasia.co.th;
    • provide evidence of a permanent residence address; and
    • qualify as either a High Net Worth Investor or Institutional Investor.
  4. if you represent a business, the business must:
  • have a current valid company or partnership registration document issued by the appropriate licensing authority; and
  • have a permanent place of business;
  • if you represent a public body, you must be able to provide documentary evidence that proves that the body is valid and has been established in accordance with any applicable laws; and
  • you must have a valid Thai or international bank account with a valid IBAN or equivalent number.
  • The minimum eligibility criteria listed above are not exhaustive and we reserve the right in our sole discretion to reject any application to become an Investor on Beehive where we deem appropriate. Where you do not meet the criteria listed above, you may be otherwise permitted to become an Investor on Beehive subject to our prior written approval, which may be withheld in our absolute discretion. All decisions made by us shall be final.

1.3 You shall solely be responsible for securing all appropriate permits, licenses, authorities’ approvals and waivers (Permissions) required for performing financing activities on Beehive. We do not make any separate enquiries to find out if you have the appropriate Permissions in place.

1.4 For the avoidance of doubt there are no restrictions on the total amount you can finance to Borrowers via Beehive.

  1. Our Role

2.1 Our principal role is to act as a conduit to bring you together with prospective Borrowers, to provide a stream-lined process for entering into IF Contracts and to co-ordinate and facilitate the payment and collection of sums due under or in connection with the Financing (including certain limited actions if the Borrower defaults, as set out in these IF Investor Terms) in coordination with our duly licensed third parties. Other than those activities you authorise us to carry out in these IF Investor Terms, we will not perform any decision making functions on your behalf. You shall retain complete control and discretion over whether or not to grant finance to a Borrower, and on what terms (subject to the criteria you will have pre-selected on your investor parameters (Investor Parameters) as discussed below), as well as over all other aspects of your participation on Beehive.

2.2 If we cease trading, we have arrangements in place with an independent third party administrator who would perform our administration services (see clause 11 for more details).

2.3 We accept no responsibility and disclaim all liability for any information about a Borrower made available to you through Beehive. We may from time to time, but accept no obligation, to update or amend the information relating to a Borrower.

2.4 You warrant, represent and undertake to us that all information provided to us, including in the course of the investor registration process will be complete, true and accurate in all respects. You acknowledge that fraud and fraudulent misrepresentation are crimes under the Criminal Code of Thailand and may be punishable by a fine and / or a custodial sentence.

2.5 It is your responsibility to ensure that the information we hold on record for you is up to date. You agree to inform us as soon as reasonably possible if any of the information you provide to us changes at any time.

2.6 When you apply to become an Investor on Beehive, we will carry out “know your customer” procedures including identity verification, anti-money laundering and fraud checks on you as an individual or appointed legal representative or authorised signatory of the business or legal entity you represent. We use our own internal guidelines and policies when assessing investor applications. As part of the registration process we will need to authenticate your identity, the identity of your business, as well ascertain the identity of key individuals associated with the business and people authorised to act on its behalf. We will do this by conducting searches using publicly available information and by contacting third parties, including credit reference agencies. We may require you to send us certified copies of various documents as part of this process, including passports and other identification documents, powers of attorney and any other documentation we may require in order for Beehive to be able to carry out, and be satisfied that it has complied with, all necessary “know your customer” or other similar checks under all applicable laws and regulations. If you do not provide all of the documentation requested by us, or the documentation you provide is not accepted by us, you will not be able to become an Investor on Beehive.

2.7 Once you have provided all of the requested information to us we will review it and confirm to you by email whether or not your application to become an Investor has been successful. This decision process is likely to take between seven (7) and fourteen (14) days but in most cases should be quicker. The decision process may take longer if unforeseen complications arise or if we find that the information you have provided is incomplete or inaccurate. If your application is successful you will be notified by email and will be allocated a unique reference number (URN). This communication signifies that you are registered on Beehive as an Investor and are now eligible to finance Beehive borrowers. You must use your URN for all transactions and communications on Beehive.

2.8 We will have no liability to you if your application to become an Investor is ultimately unsuccessful and will in no circumstances be liable to provide you with further details as to why your application has been rejected. All decisions made by us shall be final.

2.9 If your application to become an Investor is successful you will be able to credit funds to our Beehive Client Account using your URN. These funds will be added to your individual account (Beehive Account) which you can review via the “My Statement” or “Deposit history” section on the Site. These funds may be used to fund investments made by you on Beehive. All funds credited by you to make investments, and interest earned by you on your investments, shall be held in the Beehive Client Account and you can review this via the “My Statement” section on the Site. The Beehive Client Account is administered and managed by our licensed third party administrator.

2.10 You will be free to transfer funds into the Beehive Client Account by bank transfer or any payment method we may offer from time to time. We have complete discretion to specify the method by which you may transfer money into and out of the Beehive Client Account depending on the outcome of the checks we have carried out as part of the investor application process. We require you to use an account held with a Thai or international bank and which is maintained in your sole or name or jointly with another person, or in the name of the business or organisation you represent, with an IBAN number or foreign equivalent. It is important that you quote your URN in the narrative box when you transfer money into the Beehive Client Account. Transfers will be deemed to be complete as soon as funds are credited to the Beehive Client Account and are included in the “My Statement” as deposit and added to “your funds” section of the Site.

2.11 As soon as we receive funds from you in the Beehive Client Account and we have debited these to your account you can start Financing. Any applicable fees may be deducted from time to time from the balance of funds we hold for you. The funds held in the Beehive Client Account on your behalf will be held until it is withdrawn by you, applied towards applicable fees or transmitted to a Borrower at which time it will be transferred to the relevant Borrower’s bank account.

2.12 You may only withdraw funds from the Beehive Client Account in excess of the total value of financing made and live Offers (as defined below) you have made on Beehive. Funds may only be paid into your specified Thai or international bank account with a valid IBAN number (or foreign equivalent) and which is maintained in your sole name or jointly with another person.

2.13 Withdrawal of funds from the Beehive Client Account are permitted after 90 days from the first deposit made. All bank charges relating to withdrawals from your account will be paid by you in full and netted off your repayment.

2.14 We may suspend or place limitations on your Beehive Account at any time if we believe it is appropriate in order to comply with our legal or regulatory obligations or the terms of these IF Investor Terms. This may include periods where we need to obtain additional client identification documents. For more details about how we use your information, please refer to our privacy policy at [www.beehiveasia.co.th/termsandconditions]).

  1. The Financing Process

3.1 Before you can invest in a Borrower’s Finance Request (BFR) you must set your Investor Parameters.

3.2 Each Borrower will upload their invoices into an invoice batch (Invoice Batch) and the Site will sum these (Invoice Batch Total). The Borrower will then seek finance against the Invoice Batch Total which will be the product of:

  1. The Invoice Batch Total; and
  2. The total percentage funding (Percentage Funding) secured against the Invoice Batch Total (which will be between 70 and 90% of the Invoice Batch Total)

3.3 Your Investor Parameters will determine what offers you make to Borrower and you must set the following criteria:

  1. Percentage Funding that you wish to offer to a BFR
  2. Total Finance that you wish to offer to a BFR
  1. The interest cost per 30 days that you will charge. Note that interest to Borrower is charged on a daily basis although you will define how much you wish to receive on a 30 day basis
  2. Maximum length of financing, being the longest term you wish to finance for (up to 120 days).

3.4 Once you have set your Investment Parameters as defined in 3.3 above, you will be making an offer (Offer) to the Borrower for any BFR that they make. You can amend your Investor Parameters at any point and these will be applied to all future BFRs which you have not made an Offer to or where you have already entered an IF Agreement.

  1. The Bidding Process

4.1 All Borrowers who wish to finance funds on Beehive are carefully reviewed by our credit team and the Borrower and their specific customers (Customers) against which they will be seeking finance are checked by us.

4.2 Once a Borrower and their Customers are approved on our Site, the Borrower uploads their invoices into an Invoice Batch as discussed above. The Site then matches the BFR with all of the Investors on our Site and their individual Investor Parameters. The Borrower can adjust the Percentage Funding upwards or downwards and the Site recalculates the lowest cost of finance (Cost of Finance) based upon the Invoice Batch Total, the Percentage Funding sought and the maximum term of the Invoice Batch (taken as the latest date of the invoices within the Invoice Batch). The Borrower is also able to adjust which invoices are included within the Invoice Batch as this may impact the Cost of Finance.

4.3 Once a Borrower agrees with the finance available and the Cost of Finance then they accept (Accept) the Offers from the Investors. The Finance and the Cost of Finance is reserved at this point for 48 hours during which the Borrower must email or fax us the relevant invoices and proof of delivery (Supporting Documents) which we will review. We will contact the Borrower if there is a discrepancy with any of the Supporting Documents. If the Supporting Documents agree to the Invoice Batch then we will issue the Borrower with the Key IF Terms (which form part of the IF Agreement) and we will release the net funds directly into the Borrower’s bank account. Your Beehive Account will be debited with the investment you have made.

  1. The IF Contract

5.1 Every IF Contract you enter into on Beehive is deemed to incorporate the IF Conditions. You will be invited to accept the IF Conditions when you sign up as an Investor on Beehive. Each time you set or amend your Investor Parameters you will be agreeing to be bound by the IF Conditions.

5.2 Once a BFR is fully funded (by your Offer and Offers made by other Investors) the Borrower will be invited to accept the IF Offer. Once the IF Offer has been accepted by the Borrower it cannot be cancelled or amended by the Borrower and the Borrower will be required to enter into the IF Contract with you. As a condition precedent of the IF Contract, the Borrower will be required to provide the Supporting Documents as set out above and to provide to us an original signed IF Contract.

5.3 Provided the IF Offer is accepted, and the condition precedent specified in clause 5.2 above satisfied, your Beehive Account will be debited and your investment will be updated which you can review in the “My Invoice Parts” section of the Site. The IF Contract shall be entered into between you and the Borrower for your individual part of the Financing (Financing Part). No interest will accrue on the Financing until the IF Contract is formed.

5.4 Once the IF Contract is formed, the amount of your Offer shall be transferred from the Beehive Client Account to the bank account of the Borrower.

5.5 If the Borrower fails to provide the requested Supporting Documents within the specified timescales the condition precedent will not be satisfied and the IF Contract shall not be formed. In these circumstances your Offer will be released and will be free for you to invest in other borrowers on Beehive.

5.6 The Site automatically allocates, on a pro-rated basis, individual invoices within an Invoice Batch to each Investor.

5.7 In all IF Contracts we will identify you by name or your business name and the relevant business will also be separately identified and their business registration details will be disclosed to you. Any notices and communications between Investors and Borrower should be sent directly to us. You acknowledge and agree that in order for binding legal obligations to be created between Borrower and Investors pursuant to an IF Contract, we must identify you (by name and passport number) or your business (by its name and registration details) to the relevant Borrower, and you hereby consent to such disclosure for this purpose.

  1. Interest and Repayments

6.1 A Borrower can choose from two forms of repayment:

  • Payment by the Borrower to Beehive (Indirect Payment): Under this payment method, the Borrower’s Customers pay the Borrower for the invoices and then the Borrower settles the Financing with Beehive.
  • Payment by the Borrower’s Customers to Beehive (Direct Payment): Under this method, Beehive will contact your customers and assign payment of the financed invoices and they pay us the full invoice amount and we then pay the Borrower the surplus payment of the unfunded invoice less costs.

6.2 Under both methods, a Borrower’s Cost of Finance is calculated on a daily basis and a Borrower can choose to settle individual invoices within an Invoice Batch. A Borrower cannot part pay an individual invoice. When we receive payment, either from the Borrower or their Customer, we will credit your Beehive Account with the relevant capital and interest.

6.3 The repayments due to you under each IF Contract can be viewed in the “My Invoice Parts” section of the Site. The IF Contract governs the amount of each repayment.

6.4 All repayments and interest accrued will be credited to the Beehive Client Account and you will be able to view them in the “My Investment” and “My Transaction” section of the Site.

6.5 Under the IF Conditions the Borrower is responsible for complying with any applicable withholding tax obligations and for grossing up its payments of interest, fees and other charges accordingly. It is your responsibility to account for any taxes that may be payable on your repayments to any tax authorities. You also acknowledge and agree that you shall be solely responsible for estate or succession planning in managing how your Beehive Account may be accessed, or any credit balance withdrawn or transferred to your nominated beneficiaries in the event of your death or incapacity.

6.6 If a Borrower opts to repay the Financing via the Direct Method, the Borrower is still fully liable for the debt to you and neither Beehive nor you have any claim over the Customer.

6.7 Neither you nor Beehive take assignment of any of the invoices within an Invoice Batch and the title remains with the Borrower.

  1. Investor Fees

7.1 We may charge a fee for investor take-on which will cover the cost of our third party providers undertaking “know your customer” checks. We will inform you of this cost and this will be deducted from your initial investment deposit.

7.2 We will charge you a fee of 20% of the Cost of Finance that you receive on each repayment of each Financing Part (the Financier Fee). The Financier Fee will be deducted from your funds credited to your Beehive Client Account when we make a repayment from a Borrower.

7.3 We reserve the right to waive, reduce or increase the applicable fees from time to time. Any such changes shall be notified on the Site.

7.4 You acknowledge that all fees payable to us are to compensate us for our, and our associated companies’, roles in administrating and facilitating the services provided in connection with Beehive.

  1. Our Appointment as Collection Agent

8.1 By accepting these IF Investor Terms you agree to appoint us as your collection agent in the event of a default on the repayment of any Financing Part you have provided.

8.2 We will in turn appoint a registered and appropriately licensed recovery or debt collection agent to act on our behalf. You also authorise us to take all and any reasonable action to protect your rights as available in any relevant jurisdiction which may include:

  • the taking of security cheque(s) from a Borrower;
  • registration of liens, charges and rights as available; and
  • any other action as available from time to time in accordance with the applicable law.

8.3 We may provide to you as the Investor certain information about the assets of that Borrower, if we hold such information for the Borrower, and/or an asset register detailing such assets together with estimated forced re-sale value of such assets on enforcement. In such circumstances, any asset valuation provided will be indicative of the value of the asset only and realisation on enforcement in connection with the sale of such asset may be lower than the value set out in the asset register.

  1. Grace Period and Default

9.1 The Invoice Batch will set out the repayment date which is based off the last expected repayment date (Expected Repayment Date) of the invoices within the Invoice Batch. The Financing must be settled on or before the Expected Repayment Date. However, we allow a grace period (Grace Period) of up to 30 days for the Borrower to settle the Financing. As set out earlier, the Cost of Financing is calculated on a daily rate and if a Borrower makes a repayment or part repayment late then we will adjust the Cost of Financing that the Borrower must pay to you.

9.2 If a Financing Part and all associated costs is still unpaid after the Grace Period then the Financing Part will be in default.

9.3 You agree that in the event of default under an IF Contract, we shall be entitled to take the administrative steps set out in these IF Investor Terms on your behalf. In certain circumstances, we may act outside and/or ahead of the following process to pursue default payments (whether or not in formal default) where we consider this to be in the best interests of you and our other investors. We may recover our reasonable costs and expenses for taking the action described in this clause 9 from any amount recovered.

9.4 If the Borrower defaults on a payment, we (ourselves or through an appropriately, licensed third party recovery, security or debt collection agent acting on our behalf) will contact the Borrower, either by telephone or by visiting their premises within twenty four (24) hours of notification of non-payment to inform them that we will reattempt to collect the outstanding payment in respect of that IF Contract the next working day after the payment was due. If our reattempt to collect the full payment fails three (3) working days after the payment was due, the Borrower’s Beehive account will be treated as an overdue account and we may continue to attempt to collect the funds. We may refer the default payment to an appropriately licensed recovery, security or debt collection agent (the Collections Agency), who will attempt to collect the money on your and any other relevant investors’ behalf, and you authorise us to appoint such Collections Agency on your behalf. Any fees that the Collections Agency charges for this initial debt recovery will be added to the finance amounts due and payable by the Borrower that they are seeking to collect and will not automatically reduce the amount available for distribution to you.

9.5 Notwithstanding Clause 9.4 above, if the Borrower defaults on a payment due under an IF Contract, the outstanding balance shall immediately become due and payable by the Borrower. The Collections Agency may deduct up to 50%, or such lower percentage agreed by us, which is representative of market practice, of the amount it recovers from the Borrower and the remaining proceeds will be distributed to Investors. Where possible this fee will be added to the outstanding financing so as not to reduce the amount Investors receive.

9.6 If the Collections Agency is unable to collect the debt, we will notify you in writing that all of the outstanding Financing Parts will be assigned to us. You acknowledge and agree that such assignment is required so that there is only one (1) claimant in any legal proceedings raised against the Borrower. You will have fourteen (14) days to opt out of this assignment if you decide to pursue the Borrower yourself and must notify us of this intention in writing before the expiry of this period. At this point we shall provide you with the relevant contact details for the Borrower to enable you to pursue your claim directly. If you fail to opt out you will be deemed to have consented to the assignment. We will then investigate with the assistance of legal counsel the prospects of recovering debt through the courts. If deemed appropriate, we will instruct legal counsel to file proceedings to recover the debt. We will pay back to Investors in their proportionate share of any funds successfully recovered, less the costs and expenses (including legal costs) and any claims incurred during the process. We will act in a fair and equitable manner to achieve maximum recovery for all affected investors, which may include extending payment terms or selling the debt to a third party.

 

9.7 You acknowledge and agree that commencing court proceedings will be an action of last resort. There are inherent risks in litigation and the outcome can never be guaranteed. We give no guarantee that any such action will be successful and you acknowledge that such action could result in you and other investors being ordered by the court to pay damages. In the event that your IF Contract is assigned to us you agree that:

  1. you shall not make any admissions without our prior written consent;
  2. you shall allow us to conduct and/or settle all negotiations and litigation in connection with the IF Contract; and
  1. at our request, you shall provide all reasonable assistance with such negotiations or litigation.

9.8 We will endeavour to keep you up to date with the progress of any efforts to collect overdue payments, or collect on defaulted accounts. You can view an up-to-date status report in the “My Account” section of the Site.

9.9 It is possible that the sums recovered pursuant to any debt collection action will not be sufficient to discharge all obligations owing by the Borrower at that time to all relevant investors on Beehive. If that is the case, then the Investors shall only be entitled to recover their proportionate share of such monies recovered. In addition, it is possible that there may be other creditors of the Borrower that have claims that may be recovered in priority to those of Beehive’s Investors. Legal action is by no means a guaranteed route to repayment in the event of failure by the Borrower in meetings its payment obligations under an IF Contract.

  1. Exclusion of liability

10.1 We give no warranty and make no representation as to the ability of Borrower to meet their payment obligations under any IF Contract and we are in no way liable for the debts of Borrower or any failure by them to meet their financial obligations. You acknowledge and agree that you are bidding and financing on Beehive entirely at your own risk.

10.2 Calculations we provide on the Site relating to the likely rate of return on Financing are for guidance purposes only and should in no way be considered a guarantee of the return which may be realised.

10.3 We cannot guarantee that there will be sufficient Borrowers for you to invest in.

10.4 Where we have secured any form of personal guarantee in support of Financing on your behalf as an Investor, you accept that the enforceability of such personal guarantee shall be subject to normal legal risks and limitations and that we will not have ensured that any individual providing such a guarantee has been independently advised of the impact of such a personal guarantee. Such guarantees can be open to challenge, including in circumstances where the individual granting the guarantee has been subject to undue pressure or influence from a third party.

10.5 If you are an Investor on Beehive, you generally cannot also be a Borrower. An exception would be where you are investing in your own personal capacity but you happen to be a director, owner or representative of a business financing money. We retain the right to grant specific exceptions to this rule but shall in no circumstances be obliged to do so.

  1. Investor client-money

11.1 If Beehive was to stop operating or we became insolvent, we would transfer our financing servicing obligations to our appointed independent third party service provider (TPSP). We also reserve the right to use our TPSP prior to any insolvency where such action is in the best interests of all of the Investors. If this happens, you acknowledge and agree that:

  1. you would receive distributions of funds to your nominated bank account on a basis to be determined by the appointed TPSP;
  2. your dashboard section of the Site and the rest of the Site may not be available for access by you; and
  3. you would receive annual statements.

11.2 The TPSP would continue to collect the Financier Fee. The TPSP may charge an additional special situation fee.

12 Indemnity

12.1 You shall defend, indemnify, and hold us harmless, as well as our subsidiaries, affiliates, officers, directors, agents, employees, representatives, successors and assigns (collectively the Beehive Indemnified Parties), without limit, from and against any and all actions, claims, suits, demands, judgments, losses, costs, expenses, and/or damages, including attorney’s fees, for or arising out of any breach by you of these IF Investor Terms or any IF Contract. The provisions contained in this clause shall survive the termination or expiry of these IF Investor Terms.

  1. General Terms

13.1 The information provided on the Site is directed solely at and is for use solely by persons and organisations that meet the criteria set out in clause 1 above and the equivalent criteria set out in the IF Borrower Terms. This Site is not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to applicable law or regulation. Beehive is offered to you from, and these IF Investor Terms are entered into in, Thailand.

13.2 We may perform any of our obligations, and exercise any of the rights granted to us under these IF Investor Terms, through a third party. We may assign any or all of our rights and obligations under these IF Investor Terms to any third party.

13.3 If any clause or part of any clause of these IF Investor Terms is found to be void, unenforceable or invalid, then it will be severed from these IF Investor Terms, leaving the remainder in full force and effect, provided that the severance has not altered the basic nature of these IF Investor Terms.

13.4 No single or partial exercise, or failure or delay in exercising any right, power or remedy by us shall constitute a waiver by us of, or impair or preclude any further exercise of, that or any right, power or remedy arising under these IF Investor Terms or otherwise.

13.5 All disclaimers, indemnities and exclusions in these IF Investor Terms shall survive termination or expiry of these IF Investor Terms.

13.6 These IF Investor Terms and the documents referred to in them set out the entire agreement between you and us with respect to your use of Beehive and the services provided via the Site and supersede any and all prior or contemporaneous representations, communications or agreements (written or oral) made between you or us. These IF Investor Terms may be amended by us from time to time, by us providing electronic notification to you of any such amended Terms on the Site.

13.7 These IF Investor Terms together with the documents referred to in them, and any non-contractual obligations arising out of or in connection with them, shall be governed by the laws of Thailand. You irrevocably submit to the exclusive jurisdiction of the Courts of Thailand over any claim or matter arising under or in connection with these IF Investor Terms and we submit to the non-exclusive jurisdiction of the Courts of Thailand in connection with the same.

  1. About us

Beehive is a company incorporated in Thailand, whose registered office and principal place of business is at Interchange 21 Building, No. 2509, 25th floor, 399 Sukhumvit Road, Wattana Sub-district, Wattana District, Bangkok (Beehive).

  1. Contacting us

Should you have any questions about these Investor Terms, or wish to contact us for any reason whatsoever, please contact us on team@beehiveasia.co.th.