The acquisition, administration and management of direct and indirect participations in all companies, in Switzerland or abroad, in the sense of a holding company, with the holding of commercial properties for exclusive commercial use. The company may also carry out, either on its own account or on behalf of third parties, all commercial, movable and financial transactions in direct or indirect relation to its purpose, in any form whatsoever, in particular in the form of participations. The company may open branches in Switzerland and abroad, establish or acquire any business pursuing an analogous or complementary purpose. The company may grant loans or any other form of financing to third parties and companies of the same group, as well as provide any type of security, for the direct or indirect benefit of third parties and companies of the same group, in particular in the form of guarantees, pledges or securities on the company's assets.