GOLDLION shrugged off the impact of revelations about chairman Tsang Hin-chi's criminal record and yesterday hit a year's high.
The stock soared 17.5 cents, or 8.14 per cent, to close at $2.325.
Turnover was heavy at $14.4 million, with 6.2 million shares changing hands.
The share's price has been affected since Mr Tsang's record came under the spotlight last Wednesday. It dropped from the close at $2.125 on Wednesday to Friday's close at $2.05.
The stock began to pick up on Monday to $2.10 on improved volume, with 1.3 million shares crossing the board.
The company became a city topic when Goldlion confirmed that Mr Tsang had two criminal convictions in Hong Kong, in 1971 and 1978.
Only the second conviction was disclosed on the prospectus. The event aroused more concern when the listing division of the stock exchange admitted it mishandled the case when Mr Tsang informed the division about his conviction during the company's flotation in 1992.