Albukhary International University (AiU) looking for buyers?

We heard  Albukhary International University (AiU) is looking for suitable buyers to continue its operations. It was reported earlier AiU is planning for a closure in June 2014. Its Vice Chancellor, Tan Sri Zulkifli Abdul Razak (pic) left the university late last year after a short stint with the university. The new buyer will have an uphill task competing in Malaysian market which is over saturated.