The purchase, sale and holding of participations, with the specification that participations in real estate companies in Switzerland will be limited to real estate companies whose properties are exclusively used for commercial purposes. Furthermore, the company's purpose is to provide financial services, excluding any activity subject to authorization under the Financial Institutions Act (LEFin). The company may establish branches and subsidiaries and may participate in other companies, both in Switzerland and abroad, and in general, engage in any activity directly or indirectly related to its purpose. The company may acquire, hold and dispose of real estate properties both in Switzerland and abroad. It may carry out, either on its own account or on behalf of third parties, all financial transactions as well as act as guarantor or surety for subsidiaries or third parties.
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