The purpose of the company is the permanent management of participations in other companies of all kinds as well as financing and trust transactions for its own account and for the account of third parties. Furthermore, the company may open branch offices in Switzerland and abroad, acquire, manage and sell patents and licenses of all kinds, as well as purchase, manage and sell real estate. In addition, the company may conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose.