The company's purpose is to acquire, hold and sell participations. The company may provide management services, as well as acquire, hold and sell real estate, to the extent necessary for the achievement of its purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant securities for the liabilities of affiliated companies.