The purpose of the company is to acquire, hold, manage and dispose of participations in companies in Switzerland and abroad (for companies owning properties located in Switzerland, these must have an exclusively commercial use). The company may also conclude all transactions and enter into agreements that directly or indirectly serve the purpose of the company or are directly related thereto. The company may grant loans or other financings to its direct or indirect parent company as well as to its direct or indirect subsidiaries and provide securities of all kinds for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, hold, manage and dispose of real estate.