Fast Track Group held an extraordinary general meeting on August 17, 2026, where shareholders approved a 1-for-20 reverse share split of its Ordinary Shares. The consolidation changes the par value from US$0.001 to US$0.02 and reduces authorized shares from 50 million to 2.5 million. Shareholders also approved the redesignation of shares into Class A and Class B categories and adopted an amended memorandum and articles of association. Trading on Nasdaq was suspended on August 18, 2026, due to failure to comply with listing rules regarding minimum bid price, with shares now trading on OTC Markets under ticker FTRKF. The company operates in the technology sector.
