June 30 was the deadline for shortlisted parties to submit second-round bids.
Sale could rank as one of the biggest PE-backed deals in Asia.
Australia's top energy retailer Origin has drawn interest from at least five potential bidders.
First-round bids for M1 are expected in a few weeks.
A successful deal would rank as the largest insurance M&A transaction in SEA.
Keppel arm, SPH & Axiata are gauging interest for their stakes.
IPOs & Markets
Such a change would support the SE Asian financial hub.
State investor Temasek Holdings owns a nearly 30 percent stake in DBS.
Petronas is looking to sell 49% stake in gas block in Sarawak state.
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