This appears to be the tail end of a pastry recipe that began on an earlier page — the dough itself and its ingredients are not shown here, only the shaping and baking instructions.
The dough is divided into 8-10 equal pieces.
Each piece is rolled out into a rectangular shape and cut into 8 pieces.
In the middle of each piece, put cheese and egg, and roll up into small rolls (kiflichki).
On top, brush with egg and sesame (or similar).
Arrange them neatly in a baking tray.
Before baking, grate 1/2 [?] margarine over 1 tray's worth.
(From the whole batch of dough, 2 trays can be made.) The rolls should not touch each other so they have room to rise/expand.
They need to be baked for only 20 minutes at 150-170°C (not on very high heat).
The note about margarine quantity and the phrase describing spacing of the rolls is partly unclear in the handwriting.