In Switzerland and abroad: the operation, management and administration of all establishments, such as bars and beverage outlets with or without restaurants; investment in real estate and movable property, the purchase, sale and operation of all real estate and movable property. To this end, the company may act as an intermediary for its shareholders and agree to the registration of mortgages on properties intended to secure loans granted to shareholders; the acquisition, sale and management of participations in all companies active in particular in the fields of nautical leisure and shipyard management; the exercise of all activities in the fields of entertainment and tourism. It may carry out, either on its own account or on behalf of third parties, all financial, commercial, movable and immovable transactions directly or indirectly related to its purpose and take an interest, in any form, in all similar enterprises.