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Updated Wednesday, December 2, 2009 10:44 am TWN, Bloomberg

Taiwan Cement advances as Prosperity unit bought

TAIPEI, Taiwan -- Taiwan Cement Corp. gained 3.1 percent to NT$34.60 as of 9:09 a.m. in Taipei, the most since August 24, after TCC International Holdings Ltd., its Hong Kong-listed unit, agreed to buy the cement and clinker making unit from Prosperity Minerals Holdings Ltd. for HK$4 billion (US$516 million). The TAIEX index added 0.4 percent.

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