The 47-year-old singer-and-actress - who has battled alcohol and cocaine addictions in the past - will be reuniting with her former `Waiting To Exhale` castmates to create a sequel to the 1995 hit movie, in which she played unlucky-in-love television producer Savannah Jackson.
Angela Bassett - who portrayed Bernadine Harris in the film - explained director Forest Whitaker is in the process of altering author-and-screenwriter Terry McMillan`s follow-up to the movie.
Speaking on TV show `The Talk`, she said: "It`s preliminary, but it`s going to happen, `Waiting to Exhale 2`. McMillan wrote `Getting to Happy` and she`s written the screenplay - Loretta Devine, Lela Rochon, Whitney, Forest. Forest is working on the script now."
Meanwhile, it was recently revealed 1992 hit movie `The Bodyguard` - which starred Whitney and Kevin Costner and took $411 million at the worldwide box office - is to be remade by Warner Bros.
While Whitney - who hasn`t appeared in a film since `The Preacher`s Wife` in 1996 - won`t be appearing in the remake, producers are keen to get a young female singer with global appeal and give her the platform that `The Bodyguard` provided Whitney.
Beyonce Knowles and Rihanna are two names which have been linked to the project.