KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - The suspects in Wednesday's (July 27) fatal shooting at a busy intersection in Kuala Lumpur are still in Malaysia, the country's police said.

"We believe that they still are here," the Inspector-General of Police Tan Sri Khalid Abu Bakar told the media on Thursday.

On whether the latest shooting pointed to a trend of using hired killers, he said the police did not see it as such.

"We don't see this as a trend of (using) hired killers but I do not deny that we have these cases. These are not random shootings. All these cases had a reason behind the shootings, including the latest shooting," he said.

The police, he added, would be taking more steps to "minimise" such incidents.

While no arrests have been made yet, the police assure the public that the force "will hunt them down" and that the suspects "cannot run".

Moneylender V. Kandasamy, 43, was shot dead at a traffic light near the Setapak Central mall in Kuala Lumpur when four men on two motorcycles fired a total of 16 shots at him while he was still in his car.

Police said on Wednesday that the victim had a record of arrest in 2014.

A video of Wednesday's incident showed two gunmen riding pillion on two motorcycles trailing Kandasamy's car before they dismounted and began shooting at their victim.

The killing was the latest in a series of gangland-style shootings in Malaysia by men on motorcycles. The police have formed a special task force to look into the street murders.