The purchase, sale, holding, administration and management of shares, directly or indirectly, in any commercial, financial, securities or real estate company, in Switzerland and abroad, it being specified that the company may only hold, in Switzerland, shares in real estate companies with exclusively commercial purposes. It may also carry out, either for its own account or for the account of third parties, all financial, commercial, securities or real estate operations directly or indirectly related to its corporate purpose and be interested, in all forms, in all similar enterprises, notably by taking shares in similar enterprises. The company may also establish branches and subsidiaries in Switzerland and abroad.