V.M.C.A. AG

The company's purpose is to build and operate hotels, hostels and staff accommodations, to rent out commercial and storage spaces as well as parking spaces, and to provide transportation and taxi services. It may establish branches and subsidiaries, acquire and participate in real estate and other companies. It may also provide financing for its own account or for third-party accounts, and grant guarantees and sureties for subsidiaries and third parties, and acquire, manage and dispose of copyrights, patents and licenses of all kinds. The company may also acquire or merge with similar or related companies. The company may engage in all commercial, financial and other activities that are connected with its purpose.