GROUP LIFTS STAKE IN SCANDINAVIA FUND &lt;SCF>
  A foreign investment group told the
  Securities and Exchange Commission it raised its stake in
  Scandinavia Fund Inc to 3,040,600 shares, or 46.6 pct of the
  total outstanding, from 2,829,300 shares, or 43.2 pct.
      The group, which includes Ingemar Rydin Industritillbehor
  AB, a Swedish firm, VBI Corp, a British West Indies investment
  firm, and Norwegian investor Erik Vik, said it bought 211,300
  Scandinavia common shares since April 30 at prices ranging from
  10.000 to 10.625 dlrs a share.
  

