Value Partners Group Ltd.

Ticker: VPGLF CUSIP: G93175100 Class: COM

Cullen Capital Management, LLC's Holding History (CIK: 0001362535)

Note: Option positions (PUT/CALL) are excluded.

Q3 2019

Shares 60,000 Value ($000) $30 Avg Close $0.38 Range $0.32 - $0.49

Q2 2019

Shares 3,969,350 Value ($000) $2,647 Avg Close $0.48 Range $0.41 - $0.57

Q1 2019

Shares 4,219,350 Value ($000) $3,279 Avg Close $0.50 Range $0.42 - $0.59

Q4 2018

Shares 5,394,350 Value ($000) $3,741 Avg Close $0.50 Range $0.43 - $0.57

Q3 2018

Shares 8,139,850 Value ($000) $6,478 Avg Close $0.50 Range $0.43 - $0.56

Q2 2018

Shares 9,748,850 Value ($000) $7,704 Avg Close $0.59 Range $0.49 - $0.65

Q1 2018

Shares 9,844,850 Value ($000) $9,170 Avg Close $0.67 Range $0.57 - $0.79

Q4 2017

Shares 10,005,850 Value ($000) $10,630 Avg Close $0.61 Range $0.54 - $0.69

Q3 2017

Shares 9,005,850 Value ($000) $8,128 Avg Close $0.54 Range $0.49 - $0.58

Q2 2017

Shares 9,348,850 Value ($000) $8,514 Avg Close $0.56 Range $0.52 - $0.64

Q1 2017

Shares 8,923,850 Value ($000) $8,497 Avg Close $0.53 Range $0.45 - $0.62

Q4 2016

Shares 6,138,850 Value ($000) $4,877 Avg Close $0.53 Range $0.44 - $0.60

Q3 2016

Shares 7,538,850 Value ($000) $7,737 Avg Close $0.55 Range $0.49 - $0.63

Q2 2016

Shares 7,038,850 Value ($000) $6,451 Avg Close $0.55 Range $0.52 - $0.63

Q1 2016

Shares 5,297,850 Value ($000) $5,567 Avg Close $0.52 Range $0.45 - $0.62

Q4 2015

Shares 4,347,850 Value ($000) $5,083 Avg Close $0.65 Range $0.53 - $0.71

Q3 2015

Shares 3,297,850 Value ($000) $3,085 Avg Close $0.62 Range $0.44 - $0.91

Q2 2015

Shares 2,497,850 Value ($000) $3,944 Avg Close $0.98 Range $0.52 - $1.29

Q1 2015

Shares 4,775,000 Value ($000) $4,502 Avg Close $0.48 Range $0.44 - $0.52

Q4 2014

Shares 4,775,000 Value ($000) $4,015 Avg Close $0.44 Range $0.40 - $0.49

Q3 2014

Shares 4,225,000 Value ($000) $3,085 Avg Close $0.42 Range $0.37 - $0.46

Q2 2014

Shares 2,300,000 Value ($000) $1,540 Avg Close $0.36 Range $0.33 - $0.39

Q1 2014

Shares 1,850,000 Value ($000) $1,119 Avg Close $0.36 Range $0.32 - $0.43

Q4 2013

Shares 1,850,000 Value ($000) $1,432 Avg Close $0.36 Range $0.31 - $0.43

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	60,000	$30	$0.38	$0.32 - $0.49
Q2 2019	3,969,350	$2,647	$0.48	$0.41 - $0.57
Q1 2019	4,219,350	$3,279	$0.50	$0.42 - $0.59
Q4 2018	5,394,350	$3,741	$0.50	$0.43 - $0.57
Q3 2018	8,139,850	$6,478	$0.50	$0.43 - $0.56
Q2 2018	9,748,850	$7,704	$0.59	$0.49 - $0.65
Q1 2018	9,844,850	$9,170	$0.67	$0.57 - $0.79
Q4 2017	10,005,850	$10,630	$0.61	$0.54 - $0.69
Q3 2017	9,005,850	$8,128	$0.54	$0.49 - $0.58
Q2 2017	9,348,850	$8,514	$0.56	$0.52 - $0.64
Q1 2017	8,923,850	$8,497	$0.53	$0.45 - $0.62
Q4 2016	6,138,850	$4,877	$0.53	$0.44 - $0.60
Q3 2016	7,538,850	$7,737	$0.55	$0.49 - $0.63
Q2 2016	7,038,850	$6,451	$0.55	$0.52 - $0.63
Q1 2016	5,297,850	$5,567	$0.52	$0.45 - $0.62
Q4 2015	4,347,850	$5,083	$0.65	$0.53 - $0.71
Q3 2015	3,297,850	$3,085	$0.62	$0.44 - $0.91
Q2 2015	2,497,850	$3,944	$0.98	$0.52 - $1.29
Q1 2015	4,775,000	$4,502	$0.48	$0.44 - $0.52
Q4 2014	4,775,000	$4,015	$0.44	$0.40 - $0.49
Q3 2014	4,225,000	$3,085	$0.42	$0.37 - $0.46
Q2 2014	2,300,000	$1,540	$0.36	$0.33 - $0.39
Q1 2014	1,850,000	$1,119	$0.36	$0.32 - $0.43
Q4 2013	1,850,000	$1,432	$0.36	$0.31 - $0.43