MCA president Datuk Seri Liow Tiong Lai said he would meet with Prime Minister Datuk Seri Najib Tun Razak in the near future to get the Barisan Nasional's (BN) stand on the Syariah Court (Criminal Jurisdiction) (Amendment) Bill 2016.

He said the Bill, which was tabled by PAS president Datuk Seri Abdul Hadi Awang at the Dewan Rakyat last Thursday, had caused confusion among the Chinese community and regarded the Bill as the hudud law.

"I will meet with the Prime Minister to discuss the Bill and explain the stand of the MCA members on the matter, and I am certain the Prime Minister too wants to hear the views of the other component parties.

He said this to reporters after opening the Annual General Meeting of the Koperasi Jayadiri Malaysia Berhad (Kojadi) at Wisma MCA, here today.

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Earlier, in conjunction with the Kojadi general meeting, Liow announced that the government had approved an additional loan of RM50 million to Kojadi for the development of small and medium industries (SMIs) in the country.

"Beginning next week, SMI entrepreneurs could apply for the loan, which we accept for a period of one year," he said.

He also announced that Kojadi was applying to the government to turn the cooperative into a cooperative bank.

"We will obtain a cooperative banking licence to assist the cooperative members who are young entrepreneurs in carrying out their business, besides stimulating our national economy," he added.