On 19 November 2020, Ikram Education Sdn Bhd signed two Memoranda of Agreement (MoA) with MKM Global Holdings Sdn Bhd focussing on an augmented stage of Redeemable Preference Shares (RPS) in the education field.

YBhg. Dato’ Sri Ir Chong Ket Pen, a Member of the Board of Governors of Infrastructure University Kuala Lumpur (IUKL), and YBhg. Datuk Wira Rosli Mat Hasan, Chairman of MKM Global Holdings Sdn Bhd who is also a Board of Director for Institut Koperasi Malaysia (IKM) signed for the respective party.