<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>wong13d-a3.txt
<TEXT>
                   SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, DC 20549

                                ------------

                                SCHEDULE 13D
                               (Rule 13d-101)

         INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
        TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                 RULE 13d-2(a)

                               (Amendment No. 3)

                     EURO TECH HOLDINGS COMPANY LIMITED
----------------------------------------------------------------------------
                               (Name of Issuer)

                   Common Stock, par value $.01 per share
----------------------------------------------------------------------------
                        (Title of Class of Securities)

                                   G32030101
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                                 (CUSIP Number)

                              T.C. Leung, Chairman
                        Euro Tech Holdings Company Limited
                           18/F Gee Chang Hong Centre
                             65 Wong Chuk Hong Road
                                     Hong Kong
----------------------------------------------------------------------------
                   (Name, Address and Telephone Number of Person
                  Authorized to Receive Notices and Communications)

                                  May 8, 2003
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             (Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check
the following box [ ]

Note. Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See
Rule 13d-7(b) for other parties to whom copies are to be sent.

                         (continued on following pages)
                                    ----------

<PAGE>


     (1)     The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a
prior cover page.

     The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).

     EXPLANATORY NOTE: AS OF THE DATE HEREOF, THE ISSUER HAD ISSUED
AND OUTSTANDING 3,064,151 ORDINARY SHARES (EXCLUSIVE OF NON-VOTING
TREASURY SHARES).



<PAGE>


CUSIP No. G32030101              SCHEDULE 13D                   PAGE 3 OF 9
----------------------------------------------------------------------------

1	NAMES OF REPORTING PERSONS
        I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

	T.C. Leung		No Tax ID No. - Not U.S. Citizen
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2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                           (a)  [X]
                                                           (b)  [_]
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3	SEC USE ONLY

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4	SOURCE OF FUNDS
	PF
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5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
        TO ITEM 2(d) or 2(e)                                    [_]

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6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Hong Kong
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			7	SOLE VOTING POWER
				2,443,867
                 -----------------------------------------------------------
NUMBER OF               8       SHARED VOTING POWER
SHARES                          0
BENEFICIALLY
OWNED BY         -----------------------------------------------------------
EACH                    9       SOLE DISPOSITIVE POWER
REPORTING                       2,443,867
PERSON
WITH             -----------------------------------------------------------
			10	SHARED DISPOSITIVE POWER
                                0
----------------------------------------------------------------------------

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	3,900,831
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12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
        SHARES                                                   [_]
----------------------------------------------------------------------------

13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	Approximately 73.9%
----------------------------------------------------------------------------

14	TYPE OF REPORTING PERSON
	IN
----------------------------------------------------------------------------


<PAGE>

CUSIP No. G32030101              SCHEDULE 13D                   PAGE 4 OF 9
----------------------------------------------------------------------------

1	NAMES OF REPORTING PERSONS
        I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Pearl Venture LTD		No Tax ID No. - Non U.S. Entity
----------------------------------------------------------------------------

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                             (a)  [X]
                                                             (b)  [_]
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3	SEC USE ONLY

----------------------------------------------------------------------------

4	SOURCE OF FUNDS
	Not Applicable - See Item 3
----------------------------------------------------------------------------

5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
        TO ITEM 2(d) or 2(e)                                      [_]
----------------------------------------------------------------------------

6	CITIZENSHIP OR PLACE OF ORGANIZATION
	British Virgin Islands
----------------------------------------------------------------------------

			7	SOLE VOTING POWER
                                1,320,950
                      ------------------------------------------------------
NUMBER OF		8	SHARED VOTING POWER
SHARES                          147,420
BENEFICIALLY
OWNED BY              ------------------------------------------------------
EACH			9	SOLE DISPOSITIVE POWER
REPORTING                       1,320,950
PERSON
WITH                  ------------------------------------------------------
			10	SHARED DISPOSITIVE POWER
                                147,420
----------------------------------------------------------------------------

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	1,468,370
----------------------------------------------------------------------------

12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
        SHARES                                                      [_]
----------------------------------------------------------------------------

13 	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	Approximately 47.9%
----------------------------------------------------------------------------

14	TYPE OF REPORTING PERSON
	CO
----------------------------------------------------------------------------



<PAGE>

CUSIP No. G32030101              SCHEDULE 13D                   PAGE 5 OF 9
----------------------------------------------------------------------------

1	NAMES OF REPORTING PERSONS
        I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Regent Earning Ltd.	No Tax ID No. - Non U.S. Entity
----------------------------------------------------------------------------

2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                               (a)  [X]
                                                               (b)  [_]
----------------------------------------------------------------------------

3	SEC USE ONLY

----------------------------------------------------------------------------

4	SOURCE OF FUNDS
	Not Applicable - See Item 3
----------------------------------------------------------------------------

5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
        TO ITEM 2(d) or 2(e)                                        [_]
----------------------------------------------------------------------------

6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Hong Kong
----------------------------------------------------------------------------

				7	SOLE VOTING POWER
                                        0
                           -------------------------------------------------
NUMBER OF                       8       SHARED VOTING POWER
SHARES                                  147,420
BENEFICIALLY
OWNED BY                   -------------------------------------------------
EACH				9	SOLE DISPOSITIVE POWER
REPORTING                               0
PERSON
WITH                       -------------------------------------------------
				10	SHARED DISPOSITIVE POWER
                                        147,420
----------------------------------------------------------------------------
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	147,420
----------------------------------------------------------------------------

12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
        SHARES                                                       [_]
----------------------------------------------------------------------------

13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	Approximately 4.8%
----------------------------------------------------------------------------

14	TYPE OF REPORTING PERSON
	CO
----------------------------------------------------------------------------


<PAGE>

                                                           Page 6 of 9


Item 1. Security and Issuer

	This Amendment No. 3 to Schedule 13D amends and supplements the
Schedule 13D filed with the Securities and Exchange Commission ("SEC")
on August 27, 1999 as amended and supplemented by Amendment Nos. 1 and
2 filed with the SEC on December 28, 1999 and July 24, 2001,
respectively.

	The class of securities to which this Schedule 13D relates is the
ordinary shares, par value $.01 per share (the "Ordinary Shares"), of
EURO TECH HOLDINGS COMPANY LIMITED, a British Virgin Islands
corporation (the "Issuer"). The principal executive offices of the
Issuer are located at 18/F Gee Chang Hong Centre, 65 Wong Chuk Hong
Road, Hong Kong.

Item 2. Identity and Background

	This statement is being filed by a group consisting of T.C.
Leung, Pearl Venture Ltd. ("Pearl") and Regent Earning Ltd. ("Regent")
(the "Reporting Group"). Pearl is a British Virgin Islands corporation
which is a trust for the benefit of Mr. Leung. Regent is a Hong Kong
corporation of which Pearl is the majority shareholder.

	The respective business addresses of the members of the Reporting
Group are as follows:

        Name                    Address
        ----                    -------

	T.C. Leung		c/o Euro Tech Holdings Company Limited
                                18/F Gee Change Hong Centre
                                65 Wong Chuk Hang Road
                                Hong Kong

        Pearl Venture Ltd.      Columbus Centre Building
                                Wickhams Cay
                                Road Town, Tortola,
                                British Virgin Islands

        Regent Earning Ltd.     20/F, Yue Shing
                                Commercial Building
                                15-16 Queen Victoria Street
                                Central, Hong Kong

	Mr. Leung is Chairman of the Board and Chief Executive Officer of
the Issuer.

	During the past five years, no member of the Reporting Group
(including the officers and directors of Pearl and Regent) has been
(a) convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors), or (b) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a
result thereof was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities


<PAGE>

                                                           Page 7 of 9


subject to, federal or state securities laws or finding any violation
with respect to such laws.

	Mr. Leung is a citizen of Hong Kong. Pearl is a British Virgin
Islands corporation. Regent is a Hong Kong corporation.

Item 3. Source and Amount of Funds or Other Consideration

	Upon the closing of Issuer's initial public offering in March
1997, Issuer issued 2,184,000 of its Ordinary Shares for 1,000,000
shares of the Common Stock of Euro Tech (Far East) Ltd. ("Far East"),
which constituted all of the capital stock of Far East. The business
operations of Far East then and now constitute the principal
operations of the Issuer. Pearl and Regent owned 266,000 and 734,000
shares of Far East's capital stock, respectively, and received, of
record, proportionate numbers of the Issuer's Ordinary Shares.
Following the Issuer's initial public offering, Mr. Leung received
options to purchase 1,170,000 of the Issuer's Ordinary Shares,
exercisable at $2.5641 (546,000) and $3.5256 (1,170,000) per share.
Those options are fully exercisable. On or about February 18, 2001 and
July 22, 2002, additional options to purchase 143,000 and 98,000
Ordinary Shares, respectively, of the Issuer also became exercisable.
These options were granted pursuant to the Issuer's 2000 Officers' and
Directors' Plan. On or about May 8, 2003, options to purchase an
additional 270,000 Ordinary Shares of the Issuer became exercisable by
Mr. Leung. The additional 270,000 options had been granted under the
Issuer's 2002 Officers' and Directors' Stock Option and Incentive
Plan.

	Mr. Leung has also made open market purchases of the Issuer's
Ordinary Shares, purchasing an aggregate of 216,867 shares for an
aggregate consideration of approximately $303,613. Mr. Leung used
personal funds to make these purchases.

Item 4. Purpose of Transactions

	Investment purposes.

Item 5. Interest in Securities of the Issuer

	At May 1, 2003, the aggregate number of shares held of record by
members of the Reporting Group was 1,685,237 or approximately 55.0% of
the Issuer's issued and outstanding Ordinary Shares. Giving effect to
options owned by Mr. Leung to purchase 2,227,000 of the Issuer's
Ordinary Shares, the foregoing numbers of shares and percentage
increases to 3,912,237 and 73.9%, respectively.

	Mr. Leung possesses sole voting and dispositive power as to the
216,867 shares of the Issuer's Ordinary Shares purchased in the open
market by him and possesses sole dispositive power as to the options
to purchase 2,227,000 shares of the Issuer's Ordinary Shares.

	Regent and Pearl shared voting and dispositive power as to the
Ordinary Shares owned of record by Regent (147,420 shares or 4.8% of
the Issuer's Ordinary Shares) and Pearl possesses sole voting and
dispositive power of the 1,320,950 Ordinary Shares owned of record by


<PAGE>


it. When Pearl's record ownership is aggregated with its beneficial
ownership in the shares held in the name of Regent, Pearl beneficially
owns 1,468,370 shares or 47.9% of Issuer's Ordinary Shares.

Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer

	None.

Item 7. Material to be Filed as Exhibits

	Agreement among the Reporting Group to file a single Statement on
Schedule 13D on behalf of each of them.




<PAGE>

                                                           Page 8 of 9

                               SIGNATURES

	After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is
true, complete and accurate.



Dated: May 27, 2003                    /s/T.C. Leung
                                       -------------------------------
                                       T.C. Leung


                                       PEARL VENTURE LTD.


Dated: May 27, 2003                    By:  /s/Yeung Kai-Tai
                                          ----------------------------
                                          Name: Yeung Kai-Tai
                                          Title: Director


                                       REGENT EARNING LTD.


Dated: May 27, 2003                    By:  /s/Wong Shing Yue, Eddy
                                          -----------------------------
                                          Name: Wong Shing Yue, Eddy
                                          Title: Director


<PAGE>

                                                          Page 9 of 9

                               EXHIBIT


	The undersigned hereby agree as follows:

	WHEREAS, the undersigned may be obligated to file Statements on
Schedule 13D with the United States Securities and Exchange Commission
(the "SEC") to report their beneficial ownership of the Ordinary
Shares of Euro Tech Holdings Company Limited;

	NOW, THEREFORE, the undersigned hereby agree that a single
Statement on Schedule 13D is to be filed with the SEC on behalf of
each of them.


Dated: May 27, 2003                    /s/T.C. Leung
                                       -------------------------------
                                       T.C. Leung


                                       PEARL VENTURE LTD.


Dated: May 27, 2003                    By:  /s/Yeung Kai-Tai
                                          ----------------------------
                                          Name: Yeung Kai-Tai
                                          Title: Director


                                       REGENT EARNING LTD.


Dated: May 27, 2003                    By:  /s/Wong Shing Yue, Eddy
                                          -----------------------------
                                          Name: Wong Shing Yue, Eddy
                                          Title: Director


<PAGE>


</TEXT>
</DOCUMENT>
