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Monday, 03/19/2012 9:32:14 AM

Monday, March 19, 2012 9:32:14 AM

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Share buy back; $2 m worth!
SYSWIN announces $2mln senior management's share repurchase program (SYSW) 0.86 : Co announced that its Board of Directors has approved the adoption by Mr. Liangsheng Chen, the Company's CEO and Director, of a share repurchase program under which Mr. Chen may repurchase up to $2 million of the Company's American Depositary Shares, each representing four SYSWIN ordinary shares, effective from Mar 19, 2012 and is valid through Mar 19, 2013. Mr. Chen will finance the share repurchase program with personal funds.