-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MmPb4MvH16bCnnGmsHEi+LY9NbY7PRNRxmaxJzg6OF5aq5VAaxg+VBToVuA+cWCE LGyhJt++nyAusYKRWAyEBg== 0001144204-08-067871.txt : 20081204 0001144204-08-067871.hdr.sgml : 20081204 20081204125749 ACCESSION NUMBER: 0001144204-08-067871 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081214 FILED AS OF DATE: 20081204 DATE AS OF CHANGE: 20081204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EURO TECH HOLDINGS CO LTD CENTRAL INDEX KEY: 0001026662 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PROFESSIONAL & COMMERCIAL EQUIPMENT & SUPPLIES [5040] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22113 FILM NUMBER: 081229306 BUSINESS ADDRESS: STREET 1: C/O EURO TECH (FAR EAST) LTD 18 F GEE STREET 2: CHANG HONG CENTRE 65 WONG CHUK HANG ROAD CITY: HONG KONG STATE: K3 ZIP: 00000 BUSINESS PHONE: 0118522814 MAIL ADDRESS: STREET 1: BRITISH VIRGIN ISLANDS LTD STREET 2: TRUSTNET CHAMBERS PO BOX 3444 CITY: ROAD TOWN TORROLA BR STATE: D8 ZIP: 00000 6-K 1 v134128_6k.htm Unassociated Document

Form 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
For the month of November, 2008
 
Euro Tech Holdings Company Limited
(Translation of registrant’s name into English)
 
18/F Gee Chang Hong Centre, 65 Wong Chuk Hang Road, Hong Kong
(Address of Principal executive offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 
Form 20-F
x
 
Form 40-F
o
 
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 
Yes
o
 
No
x
 
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12G3-2(b):82-    
     
 
 

 

Item 5. Other Events

On November 21, 2008, Euro Tech Holdings Company Limited (the “Registrant”) issued a press release announcing its Board of Directors had authorized a stock buyback program. The press release is attached as an exhibit and is incorporated by reference herein.

Item 7. Financial Statements and Exhibits

Exhibit 99.1 - Press Release dated November 21, 2008.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
     
  EURO TECH HOLDINGS COMPANY LIMITED
 
 
(Registrant) 
 
 
 
Dated: December 3, 2008 By:   /s/ T.C. Leung
 
T.C. Leung, Chief Executive Officer
 
and Chairman of the Board

 
 

 
EX-99.1 2 v134128_ex99-1.htm Unassociated Document
 
 Exhibit 99.1
 
Euro Tech Holdings Company Limited Announces Stock Buyback

Hong Kong - November 21, 2008 - Euro Tech Holdings Company Limited (Nasdaq: CLWT) today announced that its Board of Directors has approved a program to repurchase up to 300,000 shares of its issued and outstanding stock by December 31, 2009. This gives Euro Tech the ability to purchase the stock in the open market or through negotiated or block transactions from time to time based on market and business conditions over the next 13 months.

“The Board has a high degree of confidence in Euro Tech’s future and believes that this expectation is not reflected in the current stock price which is also much lower than our net asset value on a per share basis,” stated T.C. Leung, Chairman and CEO of Euro Tech. “Purchasing our shares, amid global financial meltdown, allows us to demonstrate our confidence and we believe it is an appropriate investment of Euro Tech’s excess cash. We believe that we will have cash on hand after the repurchase for our day-to-day business operations and planned projects.”

Certain statements in this news release regarding the Company’s expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, or expects, or words of similar import, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the Company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, having the Company’s offices and operations situated in Hong Kong and China, doing business in China, competing with Chinese manufactured products, competing with the Company’s own suppliers, dependence on vendors, and lack of long term written agreements with suppliers and customers, development of new products, entering new markets, possible downturns in business conditions, increased competition, loss of significant customers, availability of qualified personnel, negotiating definitive agreements, new marketing efforts and the timely development of resources. See the “Risk Factor” discussions in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F for its fiscal year ended December 31, 2007.

CONTACT:
Euro Tech Holdings Company Limited, Hong Kong
T.C. Leung, Chairman and CEO, or Jerry Wong, CFO
Tel: 011-852-2814-0311
Fax: 011-852-2873-4887
Website: http://www.euro-tech.com

 
 

 
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