GROUP LIFTS STAKE IN SCANDINAVIA FUND <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.