Cairo – Mubasher: An investor has acquired a 6.26% stake in Taaleem Management Services for EGP 210.2 million on Thursday, according to a bourse disclosure. 

Ismail bin Ali bin Ismail Turki has purchased 45.73 million shares at an average price of EGP 4.59 apiece. 

In the nine-month period ended 31 May, Taaleem Management Services posted consolidated net profits of EGP 228.39 million, up from EGP 193.04 million in the year-ago period, including minority shareholders' rights.