BrightWay Capital

BrightWay Capital

April 25, 2011 11:52 ET

BrightWay Capital Announces Joint Venture With M.K International Inc.

Strategic Partnership Expands BrightWay Capital’s Operational Capabilities in the Emerging Markets

DALLAS, TEXAS and TORONTO, ONTARIO--(Marketwire - April 25, 2011) -

Editors Note: There is a photo associated with this press release.

BrightWay Capital, a private equity investment firm with over 1.2 Billion USD assets under management today announced signing of a joint venture partnership with M.K International Inc., a South Korean engineering, procurement and construction management group with over 3 billion USD in revenues, and 12,800 employees in over 41 emerging market countries.

The deal provides BrightWay Capital with in depth market intelligence and on the ground operational capability within key emerging market countries in Africa and Asia.

"This joint venture marks a major milestone in our emerging markets business plan" stated Faisal Qureshi, Chief Investment Officer of BrightWay Capital. "We now have the capability to closely manage the planning, development and deployment of projects we finance in our focus countries".

"This relationship will increase the range of financial services we are able to offer to our clients, and enhance our ability to finance our own projects" said Dr Hae-Jung Jung, President of M.K International Inc. referring to the joint venture.

"We are very pleased to join hands with M.K International Inc." stated Jehangir A. Raja, CEO of BrightWay Capital. "We look forward to working closely with MK's senior management team to execute our shared vision".

BrightWay Capital and M.K International Inc. are currently jointly performing investment due diligence on several projects including an eco city, a highway, a major resort hotel and a large port in Asia, and a major airport and several mining projects in Africa.

About BrightWay Capital

BrightWay Capital ("BWC") finances innovative, growth companies in USA and Canada, and strategic projects in the emerging markets with a focus on the infrastructure, natural resource, energy and clean technology sectors. BWC's business model creates financial synergy between the innovation and financial resources available in the developed economies with the critical need for resource development in emerging markets. For more information, visit www.BrightWayCap.com or contact Saad Atieque (1-905-928-0836, ext. 724 or satieque@brightwayfg.com).

About M.K International Inc.

M.K International is a multinational EPC management group with annual revenues of 3.5 billion USD and over 12,800 employees in 41 countries. Established in 1981, M.K International Inc. is a leader in Engineering, Procurement, Construction Management, Trading, Manufacturing and Project Development in the emerging markets of Asia and Africa. For more information, visit www.mkintl.co.kr or contact Young-Tae Ju (82-2-3273-1501/4 (4-lines) or 82-2-701-5432 or mkintl@chol.com).

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