The company's purpose is: the purchase, sale, holding, administration and management of shareholdings, directly or indirectly, in any commercial, financial, securities or real estate company or business, it being specified that the company may only hold, in Switzerland, shareholdings in real estate companies with exclusively commercial purposes. It may also carry out, either for its own account or for the account of third parties, all financial, commercial, securities or real estate operations directly or indirectly related to its corporate purpose and take an interest, in all forms, in all similar enterprises, notably by taking shareholdings in similar enterprises. The company may also establish branches and subsidiaries in Switzerland and abroad. It may grant loans or guarantees to partners or to third parties, if this promotes its interests.