DreamFolks Services Ltd has recently made a significant move in its global expansion strategy by entering the Malaysian market. The company will be implementing its technology services at three major airports in Malaysia: Kuala Lumpur International Airport, Kota Kinabalu International Airport, and Kuching International Airport.
Passengers traveling through these airports will have access to lounges using DreamFolks’ EDC devices, allowing for hassle-free transactions with a simple tap or swipe of their bank cards. Additionally, travelers can utilize the DreamFolks web access portal to bypass queues and gain lounge access by generating a QR code.
Earlier this year, DreamFolks had formed a partnership with Plaza Premium Group, adding over 340 Plaza Premium Lounges to the DreamFolks Global Lounge Network. This move is a major milestone for the company, and its chairperson and managing director, Liberatha Kallat, is confident that their technology solution will benefit all stakeholders involved.
Despite the success in the Malaysian market, shares of DreamFolks Services Ltd saw a 0.43% rise to Rs 564 at 3:27 pm on the BSE.