Ibrahim, who leads Malay pressure group Perkasa, will join hands with former Umno Supreme Council member and ex-Mara chairman Khalid Yunus.

He has invited the media for the announcement of the new party this afternoon.

Ibrahim was the MP for Pasir Mas, which he won with the support of PAS in 2008. He later formed his own platform Perkasa, hoping to speak out against perceived threats to Malay political power in the wake of Umno’s defeat in several states that year.

He has since strongly opposed the PH coalition, and distanced his group from Umno in the wake of allegations linked to former prime minister Najib Razak over 1MDB.

Ibrahim, who served as a deputy minister under Dr Mahathir Mohamad during his first tenure as prime minister, is known by the monicker “katak” because of his changes in political platforms.

He left Umno to join the breakaway Semangat 46, before coming back to the party’s fold. He later left Umno again and stood for election as an independent candidate.

In the run-up to the 14th general election, he was chided by Mahathir for planning to run candidates endorsed by Perkasa.

Ibrahim himself lost badly in the May polls, forfeiting his deposit after getting only about 5,300 votes against rivals Ahmad Fadhli Shaari of PAS who got 28,080 and Nor Azmawi Ab Rahman of BN (15,005).