The company's purpose is to provide management and financial services. It provides all services of a trust company, such as controlling, accounting, tax and corporate consulting. The company also aims to provide services and consulting for all areas of the hospitality, hotel and tourism industries. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies. The company is authorized to acquire, encumber, sell and manage licenses, patents and other intangible assets as well as real estate in Switzerland and abroad, to conduct investment and lending transactions of any kind, and to provide guarantees. The company may grant direct or indirect financing to group companies or third parties, including their direct or indirect shareholders or partners and their direct or indirect subsidiaries, and provide security for the liabilities of such companies, including by way of pledges or fiduciary transfers of the company's assets or guarantees of any kind, whether for consideration or not. Furthermore, it may engage in liquidity management / concentration of net liquidity (cash pooling) with the aforementioned companies or join such an arrangement, including periodic account settlement (zero balancing), even under preferential conditions without interest, excluding the company's profit motive and assuming cluster risks. In addition, the company may conduct all business and engage in all commercial, financial and other activities that are suitable to promote the company's purpose or are directly or indirectly related to it.
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