The company's purpose is the acquisition and administration of participations in commercial, industrial and financial enterprises located in Switzerland or abroad, the purchase, sale and management of securities, as well as the placement of capital, excluding operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, excluding operations prohibited by the Federal Law on the Acquisition of Real Estate by Foreigners (LFAIE): - carry out any financial, commercial or industrial activity, whether movable or immovable, directly or indirectly related to its purpose; - establish branches or subsidiaries in Switzerland and abroad; - participate in any enterprise having a direct or indirect relationship with its purpose; - grant loans or guarantees to shareholders or third parties if it serves its interests.