In Switzerland and abroad, the acquisition, holding, management and realization of participations in all types of companies and enterprises, with the exception of those holding residential real estate in Switzerland; the company may carry out, either on its own account or on behalf of third parties, all financial, commercial, industrial, movable and immovable transactions (with the exception of transactions prohibited by the LFAIE), in Switzerland and abroad, directly or indirectly related to the main purpose; it may also create branches and subsidiaries in Switzerland and abroad; the company may also grant loans to its shareholders and/or guarantee, secure or guarantee loans granted by third parties to its shareholders.