In Switzerland and abroad, any movable and immovable investment for its own account, in particular the acquisition and management, direct or indirect, of participations in other companies, Swiss or foreign, it being specified that in the case of acquisition of properties located in Switzerland or acquisition of participations in companies holding real estate in Switzerland, these must have an exclusively commercial use. The company may carry out all commercial, financial, (commercially used properties), movable and immovable operations and exclusively conclude all contracts having a direct or indirect relationship with its purpose and promoting its development. The company may grant loans or any other form of financing, as well as provide guarantees of any kind, in particular in the form of guarantees, pledges or fiduciary transfers of the company's assets. The company may establish branches or set up subsidiaries in Switzerland or abroad.