All activities involving the acquisition of direct or indirect participations in any companies or enterprises, in the sense of a holding company, excluding operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may, on its own account or on behalf of third parties, carry out all financial, commercial, industrial, movable and immovable transactions in Switzerland and abroad, directly or indirectly related to the main purpose, establish branches or subsidiaries in Switzerland and abroad, participate in all enterprises having a direct or indirect connection with its purpose, grant loans or guarantees to subsidiaries, shareholders or third parties.