Muhyiddin Yassin is slated to submit an application to the Registrar of Societies (ROS) to seek its approval for the establishment of a new political party.

The former deputy premier will helm the new party as its president while former premier Dr Mahathir Mohamad would serve as chairperson.

The party is expected to be Malay-based in composition, and touted as a substitute to the present Umno led by Prime Minister Najib Abdul Razak, which Mahathir claims is beyond redemption.