Malaysia Ruling Parties UMNO, PAS to Formalize Pact Amid Turmoil

(Bloomberg) -- The United Malays National Organisation (UMNO) and Pan-Malaysian Islamic Party (PAS) pledged to strengthen cooperation in preparation for the next general election, leaders from the two ruling parties said in a joint statement.

• UMNO and PAS will register their alliance under the name ‘Muafakat Nasional’ with the Registry of Societies Malaysia
• The statement did not mention Prime Minister Muhyiddin Yassin’s Bersatu party
• NOTE: Key Malaysia Party Threatens to Leave Ruling Bloc, Pressuring PM

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