Cairo – Mubasher: Integrated Engineering Group said Chairman Tamer Osman slashed his equity in the company to 21% from 23.7% through selling 410,900 shares.

The chairman sold shares at an average price of EGP 1.66 each, totaling EGP 682,000.

Osman lowered his stake in the company more than once. In October, he cut his stake in the company to 27.22% through selling 430,000 shares.