DreamFolks Services Ltd is expanding into the Malaysian market as part of its global growth strategy. The company will be providing 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 seamless transactions with a simple tap or swipe of their bank cards. Additionally, travelers can use the DreamFolks web access portal to skip queues and gain lounge access by generating a QR code.
Earlier in the year, DreamFolks had announced a partnership with Plaza Premium Group, integrating over 340 Plaza Premium Lounges into the DreamFolks Global Lounge Network. This expansion into the Malaysian market is a significant achievement for the company. Liberatha Kallat, Chairperson and Managing Director of Dreamfolks Services Ltd, expressed her confidence in the benefits of their technology solution, which will improve the airport experience for passengers, increase footfall at the lounges for operators, and enhance customer experience for the airports. As a result of this expansion, shares of the company rose by 0.43% to Rs 564 at 3:27 pm on the BSE.