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TFP Solutions Becomes Exclusive Payment Collection Agent of Ploutos Entertainment

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TFP Solutions (KLSE:TFP) unit, Softfac Technology signed an agreement with Ploutos Entertainment to become the exclusive payment collection agent and commercial infrastructure provider for its events.

The one-year deal covers the "Beyond Greatness: From Inspiration to Impact" live talk featuring star badminton player, Lee Chong Wei, on Oct. 24-25, according to a Thursday Malaysian bourse filing.

It also covers future concerts, festivals, shows and corporate events organized by Ploutos during the contract period.

The company expects the deal to strengthen its recurring revenue opportunities through payment processing and digital ticketing services, it said.

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