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SCMP Reporter

Having lost millions of dollars selling computers on credit to Cheflink, a distributor in China, Compaq is working to resolve legal issues.

 Compaq said on May 13, a Hong Kong court ordered the winding-up of Cheflink, which has yet to pay Compaq. Cheflink fought the petition, but lost and a receiver was appointed as the provisional liquidator.

  On May 20, Cheflink appealed and a hearing is set for early October.

  Compaq said it was also continuing its claim against Cheflink's principal director and shareholder, Lam Chi-man.

  As there is no final settlement with Cheflink yet, Compaq said it would continue to pursue legal action against the company in Hong Kong.



Compaq's legal wrangle in China

Hewlett-Packard