BANK of China Ltd and Malayan Banking Bhd are among companies selected by Singapore's Temasek Holdings Pte to bid for its controlling stake in PT Bank Internasional Indonesia, two people familiar with the matter said.

The successful bidder may make a full takeover offer for Indonesia's sixth-biggest bank, the people said, declining to be identified because talks are confidential. The Jakarta-based company has a market value of US$2 billion. The Wall Street Journal earlier reported that the Chinese bank is a bidder.