The purpose of the company is to operate an enterprise related to any activities in golf sports, to conduct and mediate travel, to offer training, consulting and golf courses, to trade in goods and to hold participations. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire similar or related companies, or merge with them, acquire, manage and sell real estate, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company, or that are directly or indirectly related to it.