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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported) March 22, 2007
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AMARU, INC.
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(exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation)
000-32695 88-0490089
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Commission File Number IRS Employer Identification Number
112 Middle Road, #08-01 Middland House, Singapore 188970
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(Address of principal executive offices)
Registrant's telephone number, including area code: (65) 6332 9287
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On April 11, 2007, the Amaru, Inc. a Nevada corporation (the "Company")
appointed Francis Foong Keong Kwong to fill in the existing vacancy of the
Company's Board of Directors. Mr. Foong has previously served as its Chief
Financial Officer (until August 30, 2006) of the Company. From October 10, 2006
until January 2, 2007, Mr. Foong was a Director of Corporate Development
(non-executive position) to the Company on consulting basis. Mr. Foong also
served as the Chief Operating Officer Of the Company's subsidiary, M2B World Pte
Ltd. from January 3, 2007 until March 31, 2007. The biography of Mr. Foong is
set forth below.
Francis Foong Keong Kwong, has served as the Company's Chief Financial Officer
since October 1, 2004. He stepped down as Chief Financial Officer with effect
from August 31, 2006. Prior to joining M2B World, Mr. Foong was a Principal
Consultant with Quality Vision Consultants. Prior to being a Principal
Consultant, Mr. Foong had worked 19 years as a finance professional. From 1993
to 1996 he was Financial Controller of Natco Singapore Pte Ltd, a subsidiary of
a large oil and gas company based in Houston. From November 2002 to February
2003 he was the Asean/ India Financial Controller for IBM Business Consulting
Services. From May 1996 to November 2002 he was the Regional Finance Director
for PwC East Asia Consulting (IBM Consulting merged with PwC East Asia
Consulting in November 2002). He managed the regional finance function based in
Singapore and the finance departments in the eight countries of China, Taiwan,
Hong Kong, Thailand, Philippines, Malaysia, Singapore and Indonesia. From the
years 1999 to 2002 he sat in the East Asia Board of Directors acting as a
financial adviser to the Business sector leaders on business decisions, risks
management and financial analysis on various business and strategy issues. Mr.
Foong received Bachelor of Accountancy, National University of Singapore, is a
Member, Singapore Institute of Certified Public Accountants since 1987. In 2004
he became a Fellow of the Institute. Mr. Foong received Master in Business
Administration, University of Hull (UK) in 1995.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
None
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act or 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: April 11, 2007 AMARU, INC.
By: /s/ Colin Binny
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Colin Binny
President