The company's purpose (in strict compliance with the rules governing the acquisition of real estate by foreigners) is: a) to acquire, manage and administer participations in all real estate, industrial, commercial, financial or other companies in Switzerland or abroad; b) as an ancillary activity, to carry out all commercial and financial transactions - whether movable or immovable - directly or indirectly related to the above-mentioned purpose(s), as well as to take participations in all Swiss or foreign companies pursuing identical or similar purposes. The company may conduct its activities both in Switzerland and abroad and establish branches. The company may grant loans or guarantees to its shareholders or third parties.