STOCK TITAN

Fast Track Group (FTRK) appoints Yip Wai Foong as new CFO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Fast Track Group reported a planned change in its chief financial officer. On July 22, 2025, Mr. Kwong Choong Kuen resigned as CFO, effective August 22, 2025. He informed the company that his decision was for personal reasons and not due to any disagreement over operations, policies, or practices.

To replace him, the company appointed Mr. Yip Wai Foong as the new CFO, effective August 22, 2025. Mr. Yip brings over 14 years of financial experience, including roles as Audit Director at W.P Yip & Co, Senior Commercial Manager in Malaysia, and Head of Finance at RedTix (AirAsia Group). He holds a Bachelor of Science in Applied Accounting from Oxford Brookes University and is a Fellow of the Association of Chartered Certified Accountants.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August, 2025

 

Commission File Number: 001-42426

 

FAST TRACK GROUP

 

(Registrant’s Name)

 

12 Mohamed Sultan Road,

#04-01, Singapore 238961

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

Resignation and Appointment of Chief Financial Officer

 

On July 22, 2025, Mr. Kwong Choong Kuen tendered his resignation as the Chief Financial Officer (“CFO”) of Fast Track Group (the “Company”), effective on August 22, 2025. Mr. Kwong has advised the Company that his resignation was due to personal reasons and not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company.

 

To fill in the vacancy created by the resignation of Mr. Kwong as the CFO of the Company, on August 20, 2025, the Company appointed Mr. Yip Wai Foong to serve as the new CFO of the Company, effective on August 22, 2025.

 

Mr. Yip Wai Foong has over 14 years of financial experience across industries. From September 2023 to August 2025, Mr. Yip served as the Audit Director at W.P Yip & Co, leading and overseeing statutory audits for companies. From July 2018 to August 2023, Mr. Yip was a Senior Commercial Manager of GroupM Malaysia. Mr. Yip also worked as the Head of Finance at RedTix (AirAsia Group) from March 2018 to June 2018. Mr. Yip holds a Bachelor of Science in Applied Accounting from Oxford Brookes University and is a Fellow of the Association of Chartered Certified Accountants (FCCA). His extensive expertise in financial reporting, compliance, and strategic decision-making continues to drive sustainable growth for the Company.

 

There are no family relationships between Mr. Yip and any director or executive officer of the Company. To the best knowledge of the Company, there is no understanding or arrangement between Mr. Yip and any other person pursuant to which he was appointed.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  FAST TRACK GROUP
     
Date: August 22, 2025 By: /s/ Lim Sin Foo, Harris
  Name: Lim Sin Foo, Harris
  Title: Chief Executive Officer, and Director

 

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FAQ

What leadership change did Fast Track Group (FTRK) announce in this 6-K?

Fast Track Group announced that its Chief Financial Officer, Mr. Kwong Choong Kuen, resigned effective August 22, 2025, and will be succeeded by Mr. Yip Wai Foong as the new CFO on the same date.

Why did Fast Track Group CFO Kwong Choong Kuen resign?

Mr. Kwong informed the company that he resigned for personal reasons and that his resignation was not due to any disagreement with the company regarding its operations, policies, or practices.

Who is the new CFO of Fast Track Group (FTRK)?

Fast Track Group appointed Mr. Yip Wai Foong as its new Chief Financial Officer, effective August 22, 2025, to fill the vacancy created by Mr. Kwong’s resignation.

What is the professional background of Fast Track Group’s new CFO, Yip Wai Foong?

Mr. Yip has over 14 years of financial experience. He served as Audit Director at W.P Yip & Co from September 2023 to August 2025, as a Senior Commercial Manager in Malaysia from July 2018 to August 2023, and as Head of Finance at RedTix (AirAsia Group) from March 2018 to June 2018.

What qualifications does Fast Track Group’s new CFO hold?

Mr. Yip holds a Bachelor of Science in Applied Accounting from Oxford Brookes University and is a Fellow of the Association of Chartered Certified Accountants (FCCA).

Does Fast Track Group’s new CFO have any family relationships with company leadership?

The company states there are no family relationships between Mr. Yip and any director or executive officer of Fast Track Group.

Was there any special arrangement behind the appointment of Fast Track Group’s new CFO?

To the best knowledge of the company, there is no understanding or arrangement between Mr. Yip and any other person pursuant to which he was appointed as CFO.