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TFP Solutions Unit Secures Ticketing Management Systems Deal

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TFP Solutions (KLSE:TFP) unit, Softfac Technology signed an agreement with Pluotos Entertainment to become the exclusive ticketing management systems provider for the latter's future concerts, festivals and other ticketed entertainment events.

The one-year deal covers ticketing services including cloud infrastructure, payment processing and on-site entry management for events produced by Pluotos, according to a Friday Malaysian bourse filing.

TFP Solutions said the partnership supports its strategy to expand its event technology business and is expected to create a recurring revenue stream.

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