The purpose of the company is to hold and manage corporate participations as well as to provide consulting and services for corporate participations. The company may establish branches and subsidiaries in Switzerland and abroad. The company may, also without adequate consideration, conduct business with or for the benefit of related parties, in particular its shareholders and other group companies, notably grant loans to these persons or provide guarantees, sureties, pledges or other securities to secure their liabilities. The company may acquire, manage, encumber and sell real estate and participations in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.