INVESTMENT GROUP UPS STAKE IN SCANDINAVIA &lt;SCF>

  A multinational shareholder group
  told the Securities and Exchange Commission it increased its
  stake in Scandinavia Fund Inc to 35.5 pct, from 30.5 pct.
      The investors include Ingemar Rydin Industritillbehor AB,
  of Sweden, and VBI Corp, of the West Indies.
  

