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Date: Thursday 20 Mar 2008

LONDON (ShareCast) - Sweet China, which was initially admitted to AIM in 2005 and delisted in 2006, returned to the junior market Thursday.

The firm, which buys businesses in the confectionary and gift food markets in China and Hong Kong, placed 32m shares at 9p, leaving it £2.01m after expenses, the acquisition of Essential Box Confectionery and re-admission.

Enegi Oil edged ahead today after the independent oil and gas group made its debut on London’s AIM following a fundraising that bagged around £15m.

The group, focused on oil and gas in western Newfoundland, Canada, placed shares at 181p each to value the business at about £55m.

It said the proceeds from the fundraising will be used to carry out the group's work programme to acquire new or additional working interests in oil and gas assets.

The work programme for 2008 involves the drilling of an exploration well on Shoal Point and a horizontal production well on Garden Hill South.

Commercial production and bookable reserves are expected this year and plans are being developed to ensure the oil can be exported.