RM50mil in loans up for grabs

Najib presenting a mock cheque to Kojadi chairman Ng (second right) as Liow, Wee and CEO of SAME Neil Foo look on at the launch of the Chinese SME Entrepreneur Fund.

SME fund for Chinese businesses began accepting applications from June 5, with loan amounts ranging between RM50,000 and RM250,000, reports Adrian Chan.

Small and medium enterprises (SMEs) will have to act fast if they want a chunk of the RM50mil fund that has been set aside exclusively for Chinese businesses.