The shareholder can choose rollover on a portion of the shareholding. Transfield Holdings had an initial 45% shareholding. Free Floating capital implies total capitalization less Directors shareholding. FirstGroup had a 26% shareholding in the joint venture. In 1999, she led a management buyout and acquired the majority shareholding. It has a 25 per cent shareholding in Medavia. Norton has a shareholding of two per cent in New Zealand winery Invivo Wines. In 1999 the bank formed an alliance involving mutual shareholding with IOOF. It also purchased Telenor's minority shareholding in Esat Digifone. LaPaglia has a minority shareholding in the International Goalkeepers Academy. Fuji Photo Film Co. is currently the majority stakeholder, with 75% of the shareholding. In January 2003, the Shriro Group acquired a majority shareholding in Hasselblad. Jardine Strategic has a 50% shareholding in Hongkong Land. MHI controls the company with a 64% shareholding. To apply exemption, there are no restrictions on minimal holding period or shareholding.