The provision of all administrative advice and services; the acquisition, sale, holding and management of participations in all types of companies and enterprises, excluding all companies and enterprises holding residential real estate in Switzerland. For this purpose, the company may provide administrative services and participate in industrial and commercial enterprises. It may also participate in the financing, in particular by providing guarantees and securities of all kinds, of other entities of the group to which the company belongs in the interest of the said group, and establish branches or found subsidiaries in Switzerland or abroad. The company may also carry out all activities directly or indirectly related to the above-mentioned purpose.