FAST TRACK shares surge 13.41% intraday after subsidiary signs KIIRAS MoU for global representation, first artist deal expected to boost revenue.

FAST TRACK GROUP surged 13.41% intraday after announcing that its subsidiary, Fast Track Entertainment, signed a Memorandum of Understanding with South Korean agency Leanbranding to serve as the global commercial representative for K-pop girl group KIIRAS. The partnership marks FTE’s first artist management mandate and establishes a framework for live appearances, brand collaborations, and international expansion starting in Southeast Asia. Management highlighted the deal’s potential to drive material revenue growth above historical rates, with the scalable model integrating into existing operations while maintaining gross profit margins. The agreement aligns with the company’s strategic shift from event management to long-term artist partnerships, signaling expanded commercial opportunities and enhanced revenue visibility.