Examples of significant changes in the state of affairs are as follows:

  • Commencement of operations
  • Discontinued operations
  • Business combinations
  • Purchase or sale of core assets
  • An event (fire, flood, pandemic etc.) that has impacted operations
  • Major litigation
  • Major restructuring
  • Change in financing arrangements
  • Breach of financing covenants
  • Issue of shares
  • Change of entity name
  • Change of immediate parent entity
  • Change of ultimate parent entity