The source, who was also sacked from Bersatu, said preparations for the launch in Kuala Lumpur were “almost complete”.

“Yes, Hamzah will announce his new party in mid-June. All his supporters will attend,” the source told FMT.

Separately, Utusan Malaysia reported that the launch will be held at a “Reset convention” which will take place before the Dewan Rakyat convenes on June 22.

Hamzah was sacked by Bersatu on Feb 13 at the height of a leadership tussle with party president Muhyiddin Yassin. The former opposition leader launched his Reset movement the following day.

The Larut MP has since been linked to plans to take over a new party along with several other sacked Bersatu leaders, including Saifuddin Abdullah (Indera Mahkota), Wan Ahmad Fayhsal Wan Ahmad Kamal (Machang) and Wan Saiful Wan Jan (Tasek Gelugor).

Among Hamzah’s close allies still in Bersatu are vice-president Ronald Kiandee and Wanita chief Mas Ermieyati Samsuddin, who have both been suspended by the party.

On Monday, former Melaka chief minister Rahim Thamby Chik claimed that more than 200,000 Bersatu members, including those who had left or remained in the party, were backing Hamzah’s Reset movement.