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Capex (short for capital expenditures) are incurred when a business spends money to purchase fixed assets or to add value to an existing fixed asset. In accounting, a capital expenditures are added to an asset account, thus increasing the value of asset.

Examples of capital expenditures include the purchase of a new manufacturing plant, investment in server farms for tech companies, or other purchases of assets expected to help the company earn profits in the future.

Unlike other investments like research and development and marketing spending, capital expenditures are not immediately expensed. Rather, property, plant and equipment acquired using capital expenditures are usually expensed over time through the use of depreciation.

CIMB Bank’s commercial banking offers a full suit of financial solutions for the SMEs and mid-sized corporations. Its complete range of product and service offerings include working capital and capital expenditure financing, cash management, trade finance and treasury services.

CIMB Research raised its target price on Ho Bee Investment Ltd to S$1.52 from S$1.27 and kept its 'neutral' rating, to reflect cash proceeds from the sale of a hotel and lower cap rates for industrial assets.

Shares of Ho bee have jumped nearly 47 percent since the start of the year, compared to the FTSE ST Financial Index's 27.8 percent gain.Ho Bee will sell Hotel Windsor for S$163 million, giving it a net gain of S$25.9 million on completion, which will lift its restated net asset value by 3 percent, CIMB said in a note.

The brokerage noted that cash proceeds from the sale could be used for capital expenditures at the China projects and office development in Singapore, the Metropolis.

CIMB Group Holdings Bhd's current portion of long-term debt for the quarter that ended in Sep. 2015 was RM0 Mil. CIMB Group Holdings Bhd's long-term debt for the quarter that ended in Sep. 2015 was RM21,540 Mil. CIMB Group Holdings Bhd's total equity for the quarter that ended...