Acquisition and administration of participations, on its own account or on behalf of third parties, as representative or in a fiduciary capacity, in commercial, industrial, financial or real estate companies, located in Switzerland or abroad, through the acquisition of shares, bonds or participations, through the holding of claims or in any other suitable form, including the acquisition of patents and trademarks. The company may establish branches in Switzerland and abroad. It may introduce new business lines and, in general, carry out all industrial, commercial, financial or real estate transactions directly or indirectly related to the main purpose. It may grant loans or guarantees to shareholders, affiliated entities or third parties.