The meeting, held at the residence of former prime minister Tun Dr Mahathir Mohamad, agreed to form a pro-tem committee for the new party, whose name had yet to be revealed.
Muhyiddin, the former deputy prime minister who was sacked last year following his criticism of Datuk Seri Mohd Najib Razak’s handling of the 1MDB affair, is named the president of the committee, with Dr Mahathir acting as chairman.
“I will be submitting an application to the Registrar of Societies and register this new political party in the near future,” Muhyiddin reportedly said.
The new party, spearheaded by Dr Mahathir, will be Malay-based, and would engage with other opposition parties to form a coalition ahead of the next general election.
Khairuddin had earlier reportedly said that the party’s direction was Malay-centric as they did not want to compete with other multiracial parties in Pakatan Harapan.
He said he would continue his fight against the Najib administration, adding that he would always be a loyal follower of Dr Mahathir.
“My personal relationship with Tun Mahathir will remain close. He is everything to me. He is a statesman who is honest for the sake of the people, religion and the country we love.
“Nothing can come in between me and Tun Mahathir except Allah,” added Khairuddin.
Khairuddin said his role would come to an end once the new party was registered, adding that an announcement on his plan would be made on August 10.