Kuala Lumpur:Former Malaysian prime minister Mahathir Mohamad is expected to announce the formation of a new political party on Thursday evening, according to sources.
The new party will be registered as Parti Bersatu Rakyat Malaysia, a similar sounding name to his former party, Parti Pribumi Bersatu Malaysia (PPBM), which expelled him in May, The Star Malaysia newspaper reported citing the sources as saying.
The sources said a press conference by the Mahathir and MPs who were former party members will be held at a hotel in the capital Kuala Lumpur where the details will be announced.
Aides to Mahathir, however, said that any press conference on the matter was yet to be confirmed.
The sources also said that the announcement was entirely due to the decision by the high court earlier in the day on the application by Prime Minister Muhyiddin Yassin and three others to strike out a suit by Mahathir and four other people.
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The High Court had accepted Muhyiddin's application to dismiss a lawsuit filed by Mahathir and four others over the revocation of their party membership.