Grand Clos Immobilier SA

purchase, sale, construction, renovation, trade, development, promotion, administration, management, brokerage of real estate and in general provision of all services and performances in the field of real estate and construction; the company may carry out all operations related to this activity as well as all operations that may favor the purpose and interest of the company; it may create branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies with similar purposes, merge with such companies and conclude all contracts that may develop or achieve its purpose or relate directly or indirectly thereto; it may grant loans or guarantees to shareholders or third parties if it favors its interests