DreamFolks Services Ltd is expanding into the Malaysian market as part of its global growth strategy. The company will offer 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.
In February 2023, DreamFolks announced a partnership with Plaza Premium Group, integrating over 340 Plaza Premium Lounges into the DreamFolks Global Lounge Network. This expansion into Malaysia is a significant achievement for the company, according to Liberatha Kallat, Chairperson and Managing Director of Dreamfolks Services Ltd. She believes that their technology solution will improve the airport experience for passengers and increase footfall at the lounges for operators while enhancing customer experience for the airports. As a result, shares of the company rose by 0.43% to Rs 564 at 3:27 pm on the BSE.