The company's purpose is the acquisition, holding, administration and sale of all participations in all companies, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, in direct or indirect connection with its purpose, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE): - carry out all financial, commercial and real estate transactions; - participate in all enterprises or activities in Switzerland and abroad; - establish branches in Switzerland and abroad; - grant loans to its shareholders and third parties.