TWL is a jv between MISC unit MISC Enterprises Holdings (MEH), Keppel Logistics and John Keells Holdings.
TWL was formed in 1994 to manage an inland container depot in Sri Lanka, but has discontinued its container storage and transport operations since November 2006.
The divestment will bring MISC LKR152.4m ($991,942), the company said in a stock market release.
It noted that Keppel would also divest its entire 25% shareholding in TWL to JKH for the same consideration.
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