Valais Alpin SA

Planning, creation, acquisition and holding of real estate as well as participation in companies of all kinds, in particular in the field of real estate management and real estate development. Is authorized to acquire, encumber, sell and manage real property. May participate in other companies, acquire and sell other companies, establish branch offices and found subsidiaries. May acquire, manage and sell securities and intellectual property rights and conduct all business directly or indirectly related to the aforementioned purpose.