TFP Solutions Unit Secures Ticketing Management Systems Deal

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.