Cairo - Mubasher: The Egyptian Exchange (EGX) announced Wednesday that Tamer Osman, Chairman of Integrated Engineering Group has trimmed his stake in the company from 31.97% to 27.22%.

The chairman has lowered his stake through selling 430,000 shares.

Last September, Osman sold 200,000 shares in the company, thus decreasj g his stake to 33.3%.

The engineering firm earlier reported net profits of EGP 329,700 in the first half of 2015, compared with EGP 328,050 for the same period a year earlier.