Buying and selling securities, participating in financial, commercial, industrial, real estate companies, acquiring and selling land and buildings, as well as constructing, renting and managing properties of all kinds in Switzerland or abroad on its own account. The company may establish branches in Switzerland and abroad, participate in other Swiss or foreign companies, acquire or establish companies of the same kind, as well as conclude all transactions and contracts that are suitable to promote the purpose of the company or that are otherwise in direct or indirect relation to the achievement of this purpose.