The company's purpose is to acquire, hold, manage and exploit direct and indirect participations in Swiss or foreign companies, in particular in the field of art trade, antique and modern watches, collectibles and auctions. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold, manage, encumber, exploit and sell real estate and intellectual property rights in Switzerland and abroad, as well as finance other companies. The company may grant direct or indirect financing to its direct or indirect subsidiaries and to third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, and provide security for its own liabilities and those of other companies (including direct or indirect shareholders of the company or companies in which these shareholders are directly or indirectly involved), including by way of pledges, fiduciary transfers or assignments of the company's assets, or guarantees, sureties, or other forms of collateral. Furthermore, it may engage in cash pooling with the aforementioned companies, including periodic account balancing, with or without consideration, on preferential terms, without interest, excluding the company's profit motive, and assuming cluster risks. The company may carry out all commercial, financial and other activities that appear to promote the company's purpose or are related to it.
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