The purchase, sale, administration and management of participations in all companies or enterprises, directly or indirectly, in Switzerland or abroad; the company may carry out all financial, commercial, industrial, movable and immovable transactions in Switzerland and abroad, either on its own account or on behalf of third parties, directly or indirectly related to the main purpose, create subsidiaries and branches in Switzerland and abroad, participate in all enterprises having a direct or indirect connection with its purpose, grant loans or guarantees to subsidiaries, shareholders or third parties.