Management of an enterprise in connection with any activity in golf sports, or creation of the direct and indirect framework conditions for the practice of golf sports in economic and tourist terms, as well as all related activities. 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.