8.4 Payment of such amount pursuant to Clauses 8.2 shall be deemed to be accepted by the Company as full and proper payment for the Offered Shares.
8.5 Upon payment of the Subscription Amount to the Company pursuant to Clause 8.2, the Company shall deliver the Offered Shares to the subscriber in accordance with the terms and conditions in the Part III of the Registration Statement and Prospectus.
9 Refund of Money
9.1 Subject to the provision of Clause 9.2 hereof, each of the Underwriters shall, in the event that the Offered Shares subscribed by any subscriber are not allocated to the subscriber for whatever reason, return and/or refund or cause to be returned and/or refunded, any subscription proceeds corresponding to such subscribed but unallocated Offered Shares received by it to such relevant unsuccessful subscriber, provided that such return and/or refund shall be made without any interest or compensation for damages by way of fund transfer via Automatic Transfer System (ATS) or by issuing crossed cheques within 14 days from the last day of the Offering Period, in accordance with the procedures set forth in Part 3 of the Prospectus.