Employees Provident Fund (EPF) is planning to offer $2bn for a 33.3% share of ABP, according to the Wall Street Journal, which cites people familiar with the matter.
On 16 October, ABP told bondholders that Goldman Sachs was looking to offload its stake, which was acquired in 2006 for £2.8bn ($4.47bn).
The Malaysian fund has already hired bankers to help with the takeover.
