Cairo – Mubasher: Yasseen Ibrahim Lutfi Mansour increased its 9.96% equity ownership in Taaleem Management Services to 18.30% at a value of EGP 505.60 million.
Mansour purchased 60.91 million shares in the EGX-listed firm at an average price of EGP 8.30 per share, according to a recent bourse filing.
Commercial International Brokerage Company was the broker for the transaction that was concluded on 19 September 2024.
In the first half (H1) of the fiscal year (FY) 2023/2024, the consolidated net profit after tax of Taaleem Management hiked to EGP 357.86 million from EGP 192.08 million during the same period in H1-22/23.
