Acquisition and administration of participations, on its own account or on behalf of third parties, as representative or in a fiduciary capacity, in commercial, industrial, financial and real estate companies, located in Switzerland or abroad, by acquiring shares, bonds, participations, holding claims in any other suitable form. The company may engage in any financial, commercial or industrial activity directly or indirectly related to its purpose; establish branches or subsidiaries in Switzerland and abroad; participate in other companies in Switzerland and abroad; acquire companies with an identical or similar purpose or merge with such companies; acquire or sell real estate; grant loans or guarantees to shareholders or third parties if it serves its interests; carry out all operations and conclude all contracts suitable for developing and expanding its purpose or directly or indirectly related to it.